labor hours needed to make 1 unit of number of units produced in 40 hours cheeses bread cheese bread England 1 4 40 10 Spain 4 8 10 5 England should…

labor hours needed  to make 1 unit ofnumber of units produced in 40 hourscheesesbreadcheesebreadEngland144010Spain48105

England should export…….. Import ……..Spain should export …….. Import ……..

Complete the sentences and explain how to find the answer

England should export cheese and Import breadSpain should export bread and import cheeseThis is because: England has a comparative advantage in the production of cheese (Theopportunity cost of 1…

 
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