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If the Opportunity Cost of Producing One Basketball in Romania

question 244

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If the opportunity cost of producing one basketball in Romania is 3 Barbie dolls,while the opportunity cost of producing one basketball in Nigeria is 2 Barbie dolls,_______ has the comparative advantage in the production of basketballs.


Definitions:

Identifying

The process of recognizing and naming someone or something based on their characteristics or attributes.

Issue

An ill-defined complex of problems involving a controversy or uncertainty.

Arguments

A set of reasons or evidence in support of a conclusion, presented in order to persuade or explain.

Accepting

The act of receiving or consenting to something as satisfactory or true.

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