Economics (AS & A Level) · May / June 2021 · Paper 11 · Question 24

The diagrams show the production possibility curves of four countries W, X, Y and Z. They all produce rice and cotton using the same resources. When comparing these four countries, what can be concluded from the diagrams?

1. ACountry W has a comparative advantage in producing cotton.
2. BCountry X has a comparative advantage in producing rice.
3. CCountry Y has a comparative advantage in producing rice.
4. DCountry Z has an absolute advantage in producing cotton.

As printed in the paper