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Which nation has the absolute advantage in the production

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Reference no: EM1339986

Description of Comparative and absolute advantage

I need help figuring out the following problem.

Daily output:

Israel can produce 100 computers or 50 tanks

Canada can produce 40 computers or 15 tanks

Which country has the absolute advantage in the production of tanks? Why is it this country? Which country has the comparative advantage in the production of computers? How did you determine your answer?

 

Reference no: EM1339986

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