Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics OCR
  3. Question bank

Specialisation and trade

EasyMediumHard
123456789101112
Question 6

The table below shows the maximum output of soybeans and microchips Country A and Country B could produce if they used all of their resources to produce one of these goods.

Soybeans (tonnes)Microchips (units)
Country A2,000800
Country B6,0001,200

What can be concluded about Country A from the data?

It has an absolute advantage in the production of soybeans and microchips

It has an absolute advantage in the production of microchips

It has a comparative advantage in the production of soybeans

It has a comparative advantage in the production of microchips

Specialisation and trade Questions

  1. A Level
  2. /Economics
  3. /Specialisation and trade