Business, 29.01.2021 15:50 Cutegirlrocks1071
Assume Ireland and Mauritania can both produce grain and dates, and that the only limited resource is the farming labor force, meaning that land, water, and all other resources are plentiful in both countries. Each farmer in Ireland can produce 10t of grain or 5t of dates in a season. Each farmer in Mauritania can also produce 10 t of grain or 25 t of dates. Please answer the four questions.
1. Which country has the absolute advantage in producing dates?
a. Niger
b. Sweden
c. Neither
2. Which country has the absolute advantage in producing grain?
a. Niger
b. Sweden
c. Neither
Answers: 2
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Assume Ireland and Mauritania can both produce grain and dates, and that the only limited resource i...
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