Which country has a compartive advantage in apples

Reference no: EM13212047

Absolute prices of A and B,
Country A
Apples=$20
Bananas= 4

Country B
Apples=36
Bananas=15

1. Calculate the pretrade relative price of Apples in terms of Bananas. Relative price of Bananas?
2. Which country has a compartive advantage in Apples? ANd in Bananas?

Reference no: EM13212047

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