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Table 9-4
Output Per Hour of Work
Table 9-4 shows the output per hour of work for handbags and jackets in Cambodia and in Thailand.
-Refer to Table 9-4.
a.Which country has an absolute advantage in the production of handbags and jackets?
b.Which country has a comparative advantage in the production of handbags?
c.Which country has a comparative advantage in the production of jackets?
Public Policy
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The strategies, plans, and actions undertaken by a government to achieve its objectives.
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