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?

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?

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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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The international production set for Nigeria and Austria is: \(\begin{array}{c|c} ...

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