Refer to the graph below to answer the following questions.
1 point: Country A, ¼ computer; Country B, 1¼ computers
1 point: Country B
1 point: Because Country B can produce more computers than Country A (500 versus 200)
1 point: Country A
1 point: Because Country A can produce corn at a lower opportunity cost (¼ versus 1¼ computers)
1 point: Corn
1 point: Country B has a comparative advantage in the production of computers, so it will produce computers and import corn (Country A has a comparative advantage in corn production, so it will specialize in corn and import computers from Country B).
1 point: ¼ computer
1 point: Country A’s opportunity cost of producing corn is ¼ computer, so that is the lowest price it will accept to sell corn to Country B.