If the United States could produce 1 ton of potatoes or 1 ton of wheat per worker per year, while Ireland could produce 3 tons of potatoes or 2 tons of wheat per worker per year, there can be mutual gains from trade if:
a. the United States specializes in potatoes because of its comparative advantage in producing potatoes.
b. the United States specializes in wheat because of its absolute
advantage in producing wheat.
c. the United States specializes in wheat because of its comparative advantage in producing wheat.
d. there can be no mutual gains from trade.
c
Economics
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