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Question 10127 8. Assume Italy and Chad can both produce grainand dates, and that the...

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Economics

Question 10127 8. Assume Italy and Chad can both produce grainand dates, and that the only limited resource is the farming laborforce, meaning es that land, water, and all other resources areplentiful in both countries. Each farmer in ltaly can produce 10tons of grain or 5 tons of dates in a season. Each farmer in Chadcan also produce 10 tons of grain or 25 tons of dates. Pleaseanswer the four questions. Which country has the absolute advantagein producing dates? Chad Italy Neither Which country has theabsolute advantage in producing grain?

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Italy Chad Neither Which country has the comparative advantagein producing dates? Chad Which country has the comparativeadvantage in producing grain?

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Italy

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