To determine comparative advantage, we need to compare the opportunity costs. For Country A: Opportunity cost of 1 unit of cloth = 2 units of wheat (since 10 cloth = 20 wheat). Opportunity cost of 1 unit of wheat = 0.5 units of cloth. For Country B: Opportunity cost of 1 unit of cloth = 1 unit of wheat. Opportunity cost of 1 unit of wheat = 1 unit of cloth. Since the opportunity cost of producing wheat is lower in Country A (0.5 units of cloth) compared to Country B (1 unit of cloth), Country A has a comparative advantage in producing wheat.
Consider the following statements with reference to the women's organizations:
1. Sarla Devi Chaudhurani was the founder of the Bharat Stree Ma...
In which year did the Battle of Buxar take place?
The system of "Communal Electorate" was first introduced in India by which British Act?
Consider the following statements:
1. Lala Lajpat Rai played an instrumental role in the establishment of the Gurukul schools.
2. The S...
He developed a spiritual practice called Internal Yoga. One of his close spiritual collaborator, Mirra Alfassa, founded an ashram in his name in Pondic...
Who was the first Governor-General of independent India?
Consider the following statements:
1. The teachings of Ramkrishna Paramhansa are characterized by the real-life issues of a common man.
The Kharsawan massacre in 1948 was a protest against what?
The Danes formed an East India company and established their headquarters at?
The Treaty of Paris, which formally ended the American Revolution, was signed in which year?
