Which Country Has a Comparative Advantage in Cloth in the Table

question 59

Multiple Choice

Which country has a comparative advantage in cloth in the table?

• A)Portugal
• B)England
• C)Neither country
• D)Both countries

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Definitions:

Promptly

Quickly or without delay, often used in the context of responding to communications or fulfilling obligations.

Related Purchasing Activities

Actions and tasks associated with procuring goods and services that are necessary for a company’s operations or production processes.

Ordering

The process of arranging or requesting items or services in a systematic manner, often used in inventory management or procurement.

Receiving

The process of accepting delivery of goods or services from a supplier or vendor.