Given the data in the chart above, which statement explains why these three countries would benefit from specialization and trade? Select one: a. Each country has an absolute advantage in one activity. b. No country has an absolute advantage in all activities. c. One country has a comparative advantage in all activities. d. One country has an absolute advantage in all activities.

b. No country has an absolute advantage in all activities

Explanation:

The data form the graph suggest that the statement that explains these countries like Germany, France, and Italy, will be formed each other is unknown. As the absolute advantage is when the counties have a complete advantage in the production of that one resource that they hold absolute advantages in. Thus no country has a complete advantage all share and has some advantages.

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