(ECONOMICS) Question 8 of 20
Two countries produce coal and iron Country A can produce a maximum of
500 tons of coal per day or 250 tons of iron Country B can produce a
maximum of 900 tons of coal per day or 300 tons of iron. Which statement
best describes this situation?
A. Country A has an absolute advantage producing coal.
B. Country A has an absolute advantage producing iron.
C Country B has a comparative advantage producing iron.
D. Country Bhas a comparative advantage producing coal
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