Use the information in the table below to determine which co…
Use the information in the table below to determine which country has comparative advantage and should specialize in production of each good.CountrySteel (tons per day)Laptops (units per day)Orion4812Vega3020If the countries are currently producing according to the information in the next table (before specialization), compare the current total production of each good to the total production after specialization. Which of the following statements correctly describes the gains from trade?CountrySteel (tons per day)Laptops (units per day)Orion246Vega1510
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