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Tom [10]
3 years ago
15

Suppose that France and Germany both produce fish and olives. France's opportunity cost of producing a crate of olives is 4 poun

ds of fish while Germany's opportunity cost of producing a crate of olives is 10 pounds of fish. By comparing the opportunity cost of producing olives in the two countries, you can tell that __________ has a comparative advantage in the production of olives and _______ has a comparative advantage in the production of fish.
Business
1 answer:
Genrish500 [490]3 years ago
4 0

Answer:

France

Germany

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.

France has a lower opportunity cost in the production of olives compared to Germany.

It means that Germany would have a lower opportunity cost in the production of fish when compared to France.

I hope my answer helps you

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Answer:

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Explanation:

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Answer:

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