Use the following to answer questions :
Figure: Comparative Advantage and the Production Possibility Frontier 
-(Figure: Comparative Advantage and the Production Possibility Frontier) Look at the figure Comparative Advantage and the Production Possibility Frontier. _____ has an absolute advantage in the production of _____ and a comparative advantage in the production of _____.
Definitions:
Balance Sheet
A financial statement that displays a company's assets, liabilities, and shareholder equity at a specific point in time.
Statement Of Cash Flows
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down into operating, investing, and financing activities.
Times-Interest-Earned Ratio
A metric used to evaluate a company's ability to meet its interest obligations, calculated as earnings before interest and taxes (EBIT) divided by interest expense.
EBIT
Earnings Before Interest and Taxes, a metric used to assess a company's financial performance, focusing purely on operational and production efficiency.
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