Refer to the information provided in Table 33.4 below to answer the question(s) that follow.
Table 33.4GermanyChileBeerWineBeerWine(cases)(cases)(cases)(cases)75030 060152412453018 24304512 361560 6 48075 0 60 Refer to Table 33.4. Chile has
A. an absolute advantage in beer production.
B. an absolute advantage in wine production.
C. a comparative advantage in wine production.
D. a comparative advantage in beer production.
Answer: C
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A. M1 B. M2 C. Hard money D. It would be counted in both M1 and M2
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