Ask Question
9 December, 12:56

If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory: Group of answer choices A. Ecuador should focus production on coffee, trade on wheat and export its surplus of coffee. B. Argentina should focus on producing coffee because its a scarce resource. C. Both answers are correct.

+4
Answers (1)
  1. 9 December, 16:34
    0
    Option - A

    If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory, Ecuador should focus production on coffee, trade on wheat and export its surplus of coffee.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory: Group of answer choices A. Ecuador ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers