Suppose labor productivity differences are the only, Business Economics

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Suppose labor productivity differences are the only

Suppose labor productivity differences are the only determinants of comparative advantage, and Brazil and Chile both produce only coffee and sugar. In Chile, either 5 units of coffee or 2 units of sugar can be produced in one day. In Brazil, a day of labor produces either 2 units of coffee or 1 unit of sugar.

Refer to Scenario 34-1. Which country has a comparative advantage in producing sugar?

Select one:

a. Brazil only

b. Chile only

c. Both countries

d. Neither country

e. It cannot be determined with the information given.

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