The question below is based on the table below: The international production set for Nigeria and Austria is: From the table, it can be deduced that?

Question 1 Report

The question below is based on the table below:

The international production set for Nigeria and Austria is:

From the table, it can be deduced that?

Nigeria should produce cocoa and lace

Austria should produce cocoa and lace

Nigeria can benefit from producing lace only

Nigeria should not produce any of the products because of her relative disadvantages

Austria should produce lace and Nigeria should produce cocoa

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