The diagrams illustrate the production possibility curves for four countries, W, X, Y and Z. Each country produces rice and cotton with the same resources. After comparing these four countries, what conclusion can be drawn from the diagrams?
- ACountry W has a comparative advantage in producing cotton.
- BCountry X has a comparative advantage in producing rice.
- CCountry Y has a comparative advantage in producing rice.
- DCountry Z has an absolute advantage in producing cotton.