Refer to the information provided in Table 20.4 below to answer the question(s) that follow.
Table 20.4GermanyChileBeerWineBeerWine(cases)(cases)(cases)(cases)75030 060152412453018 24304512 361560 6 48075 0 60 Refer to Table 20.4. Germany has
A. an absolute advantage in wine production.
B. an absolute advantage in beer production.
C. a comparative advantage in beer production.
D. all of the above.
Answer: D
Economics
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