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Title: Suppose that the United States and Italy both produce wine and shoes. In the United States, wine ... Post by: apadong on Jun 27, 2017 Suppose that the United States and Italy both produce wine and shoes. In the United States, wine sells for $10 a bottle and shoes sell for $40 a pair. In Italy, wine sells for 15 euros a bottle and shoes sell for 20 euros a pair. If the current exchange rate is 0.8 euro to the dollar, then
A) the United States will import both shoes and wine from Italy. B) Italy will import both shoes and wine from the United States. C) the United States will import shoes from Italy and Italy will import wine from the United States. D) the United States will import wine from Italy and Italy will import shoes from the United States. Title: Re: Suppose that the United States and Italy both produce wine and shoes. In the United States, wine ... Post by: goldlilys on Jun 27, 2017 Content hidden
Title: Re: Suppose that the United States and Italy both produce wine and shoes. In the United States, wine ... Post by: apadong on Aug 25, 2017 Thx very much
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