The international production set for Nigeria and Austria is: (begin{array}{c|c} Products & Nigeria & Austria…

The international production set for Nigeria and Austria is:
(begin{array}{c|c}
Products & Nigeria & Austria \
hline
Cocoa & 20 text{tonnes} & 12 text{tonnes}\
hline
Lace & 10 text{meters} & 8 text{meters} \
end{array})
from the table, it can be deduced that?
  • A.
    Nigeria should produce cocoa and lace
  • B.
    Austria should produce cocoa and lace
  • C.
    Nigeria can benefit from producing lace only
  • D.
    Nigeria should not produce any of the products because of her relative disadvantages
  • E.
    Austria should produce lace and Nigeria should produce cocoa
Correct Answer: Option E
Explanation
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