If Spain's weather is better for growing wine grapes than Denmark's, it can be said that Spain has a(n)
A) absolute advantage in the production of wine.
B) comparative advantage in the production of wine.
C) lower marginal rate of transformation for wine.
D) lower opportunity cost of producing wine.

Question

Quizplus · Accepted Answer

Spain has an absolute advantage in the production of wine because its weather conditions are more favorable for growing wine grapes compared to Denmark.

If Spain's Weather Is Better for Growing Wine Grapes Than