Table 3 below shows the amount of wheat or barley that two regions can produce with a given amount of resources.
| Wheat (tonnes) | Barley (tonnes) | |
|---|---|---|
| Region A | 120 000 | 150 000 |
| Region B | 60 000 | 90 000 |
Which one of the following statements is supported by the data in Table 3?
Region A has a comparative advantage in the production of both wheat and barley
Region A has a comparative advantage in the production of wheat and has an absolute advantage in the production of barley
The opportunity cost of producing both wheat and barley is higher in Region A than in Region B
The opportunity cost of producing barley in Region A is lower than the opportunity cost of producing barley in Region B
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.