Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Assume Germany can either produce 3 bushels of wheat or 6 bushels of corn in a set period of time, and the United States can produce either 2 bushels of wheat or 3 bushels of corn in a set period of time. Which nation has a comparative advantage in producing corn

Sagot :

As per the given scenario, the Germany nation has a comparative advantage in producing corn.

What is comparative advantage?

Comparative advantage is when one country can produce a good at a lower cost in terms of other goods.

As Germany can produce 6 bushels of corn and the united states can produce 3 bushels of corn in a set period, Germany has a comparative advantage in producing corn.

Learn more about Comparative advantage here:

https://brainly.com/question/13221821

#SPJ1

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.