Comparative advantage in producing cars and trucks

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Reference no: EM1375191

Given an hour of production, Norway can manufacture ten cars and twenty trucks and Costa Rica can manufacture five cars and fifteen trucks. If Norway produces only cars, it can produce 20 and if it uses all its factors of production to make only trucks it can make 40. If Costa Rica produces only cars, it can make 10 but if produces only trucks it can make 30.

Using the info above, which country has a comparative advantage in producing cars and which has a comparative advantage in producing trucks?

Reference no: EM1375191

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