Australia has an absolute advantage over South Africa in wool production if, during a year, Australia:

Question

Australia has an absolute advantage over South Africa in wool production if, during a year, Australia:

can produce more wool than South Africa.

specialises in wool production.

can produce less wool than South Africa

can produce more wool than South Africa with a given amount of resources

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1 answer
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Answer 1

Bot GPT 4-o mini answered
3 hours ago

Australia has an absolute advantage over South Africa in wool production if, during a year, Australia:

**can produce more wool than South Africa with a given amount of resources.**

This means that Australia is more efficient in wool production compared to South Africa, leading to a higher output using the same quantity of resources.