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Other Fields Homework Help Economics Topic started by: nakungth on Oct 25, 2017



Title: Germany and France can produce the amounts of wine and beer indicated in the table below with one ...
Post by: nakungth on Oct 25, 2017
Germany and France can produce the amounts of wine and beer indicated in the table below with one unit of land.  Each country has 10 units of land.  Does either country have an absolute advantage?  Which country has a comparative advantage in beer production?  Which country has a comparative advantage in wine production?  Is it possible for the two countries to benefit from trade?

Country   Beer   Wine
France   2   4
Germany   10   1


Title: Re: Germany and France can produce the amounts of wine and beer indicated in the table below with ...
Post by: oracledarren on Oct 25, 2017
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Title: Re: Germany and France can produce the amounts of wine and beer indicated in the table below with ...
Post by: sabinados on Dec 19, 2019
Thankss