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dskmvld dskmvld
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5 years ago
The opportunity cost of 1 wristwatch is 4 wall clocks in Japan and 2 wall clocks in Germany. If the nations split the difference between the willingness to pay and the willingness to accept, the terms of trade are 3 wristwatches per wall clock.

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Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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swolfe15swolfe15
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5 years ago
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dskmvld Author
wrote...

5 years ago
Good timing, thanks!
megan.xo
wrote...

Yesterday
Brilliant ツ
lolaww
wrote...

2 hours ago
Thanks
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