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Author Question: Table 7-6 Estonia and Morocco can produce both swords and belts. Each country has a total of 40 ... (Read 136 times)

SGallaher96

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on: Mar 16, 2019

Table 7-6








Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 7-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.






Refer to Table 7-6. All of the following are terms of trade that could possibly benefit both countries 
except


◦ 2/3 of a belt : 1 sword.
◦ 4/5 of a belt : 1 sword.
◦ 7/10 of a belt : 1 sword.
◦ 1/4 of a belt : 1 sword.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by SGallaher96 on Mar 16, 2019

joneynes

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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SGallaher96

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Reply #2 on: Mar 16, 2019
Excellent


joneynes

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Reply #3 on: Mar 16, 2019
Great! Please up vote :D


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