Navigation
Comparative Advantage Practice

Comparative Advantage Ninja!


Problem:
When given equivalent resources, it takes Bolivia 4 labor units to produce soybeans and 12 labor units to produce cabbage and it takes Philippines 3 labor units to produce soybeans and 3 labor units to produce cabbage.

What is Bolivia's opportunity cost for soybeans and cabbage?
What is Philippines's opportunity cost for soybeans and cabbage?

Who has the absolute advantage in soybeans?
Who has the absolute advantage in cabbage?

Who has the comparative advantage in soybeans?
Who has the comparative advantage in cabbage?


Click for answer

Try another! or test yourself with the CA Shiai

Login
Username

Password



Not a member yet?
Click here to register.

Forgotten your password?
Request a new one here.
Review Book

Five Steps to a 5