Suppose the United States and Mexico both produce hamburgers and tacos. The combinations of the two goods that each country can produce in one day are presented in the table below.
United States
Mexico
Hamburgersâ (in tons)
Tacosâ (in tons)
Hamburgersâ (in tons)
Tacosâ (in tons)
0
3636
0
3030
2020
2424
44
2020
4040
1212
88
1010
6060
0
1212
0
Which country has an absolute advantage in producingâ tacos?ââ
The United States
.
Which country has a comparative advantage in producingâ tacos?ââ
Mexico
.
Suppose the United States is currently producing
4040
tons of hamburgers and
1212
tons of tacos and Mexico is currently producing
88
tons of hamburgers and
1010
tons of tacos. If the United States and Mexico each specialize in producing only one goodâ (the good for which each has a comparativeâ advantage), then a total of
nothing
additionalâ ton(s) of hamburgers can be produced for the two countries combined â(enter a numeric response using anâ integer
Suppose the United States and Mexico both produce hamburgers and tacos. The combinations of the two goods that each country can produce in one day are presented in the table below.
United States | Mexico |
Hamburgersâ (in tons) | Tacosâ (in tons) | Hamburgersâ (in tons) | Tacosâ (in tons) |
0 | 3636 | 0 | 3030 |
2020 | 2424 | 44 | 2020 |
4040 | 1212 | 88 | 1010 |
6060 | 0 | 1212 | 0 |
Which country has an absolute advantage in producingâ tacos?ââ
The United States
.
Which country has a comparative advantage in producingâ tacos?ââ
Mexico
.
Suppose the United States is currently producing
4040
tons of hamburgers and
1212
tons of tacos and Mexico is currently producing
88
tons of hamburgers and
1010
tons of tacos. If the United States and Mexico each specialize in producing only one goodâ (the good for which each has a comparativeâ advantage), then a total of
nothing
additionalâ ton(s) of hamburgers can be produced for the two countries combined â(enter a numeric response using anâ integer