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Suppose an American Worker Can Make 50 Pairs of Gloves

question 11

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Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day.On the other hand,a Bangladeshi worker can produce 100 pairs of gloves or grow 200 radishes per day.Using the concepts of absolute and comparative advantage,we can say that the United States has the comparative advantage in:


Definitions:

King George's War

The North American theater of the War of Austrian Succession (1740–1748), primarily involving British and French colonial forces.

Sierra Leone

A country on the southwest coast of West Africa, known for its history as a colony for freed slaves and its rich mineral resources.

Freed Blacks

African Americans who had been emancipated from slavery, particularly during and after the Civil War, and faced challenges in achieving equal rights and integrating into society.

Philadelphia Convention

The meeting in 1787 that resulted in the drafting of the United States Constitution.

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