SCENARIO: ABSOLUTE AND COMPARATIVE ADVANTAGE

question 6

Multiple Choice

SCENARIO: ABSOLUTE AND COMPARATIVE ADVANTAGE
Poland requires 4 hours of labor to produce a ton of coal and 10 hours of
Labor to produce 10 bushels of wheat.The Czech Republic requires 6
Hours of labor to produce a ton of coal and 10 hours of labor to produce
10 bushels of wheat.
Reference: Ref 2­5
(Scenario: Absolute and Comparative Advantage) Which country has an
Absolute advantage in the production of coal?

• A)Poland
• B)the Czech Republic
• C)Neither country has an absolute advantage.
• D)Both countries have an absolute advantage.

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