The correct answer is D) Italy has an absolute advantage in wine and olive oil production.
Giving the data in the chart above of the following statements is true: "Italy has an absolute advantage in wine and olive oil production."
Productivity is one of the greatest assets for a company or a country. In this case, the chart shows the absolute advantage in wine and olive oil production that Italy has over France and Greece. Italy needs 30 worker hours to produce olive oil and the same number of hours to produce wine. France and Greece are so far behind Italy. That is why olive oil and wine from Italy are renown worldwide.