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Comparative and absolute advantage in producing clothing

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Reference no: EM131415619

Say that Alland can produce 32 units of food per person per year and 16 units of clothing per person per year but Georgeland can produce 16 units of food per person per year or 8 units of clothing per year.Which is true.

  • Georgeland has a comparative advantage but not an absolute advantage in producing clothing.
  • Georgeland has both a comparative and absolute advantage in producing clothing.
  • Alland has a comparative advantage but not an absolute advantage in producing food.
  • Alland has an absolute advantage but not a comparative advantage in producing food.

Reference no: EM131415619

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