Home has absolute advantage both chocolate and wine
ALC= LABOR HRS PRODUCE CHOCOLATE ALW= HRS WINE
Home ALC : 4 ALW: 5
Foreign ALC: 2 ALW: 4
Which is true?
-Home has absolute advantage both chocolate and wine, comparative in chocolate
-Home has absolute and comparative advantage in wine
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alc labor hrs produce chocolate alw hrs winehome alc 4 alw 5foreign alc 2 alw 4which is true-home has absolute
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