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Exhibit 34-9Country XCountry YGood AGood BGood AGood B3000600200104030100202060030090Refer to ...

rolotony

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Exhibit 34-9Country XCountry YGood AGood BGood AGood B3000600200104030100202060030090Refer to ...

Exhibit 34-9

Country X		Country Y
Good A	Good B	Good A	Good B
300	0	60	0
200	10	40	30
100	20	20	60
0	30	0	90

Refer to Exhibit 34-9. In the no specialization-no trade case, suppose country X produces and consumes 100 units of good A and 20 units of good B. Country Y produces and consumes 20 units of good A and 60 units of good B. If the two countries specialize and trade, and the actual amounts traded are 125 units of good A for 25 units of good B, how many more units of good B will country X consume by specializing and trading?

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105

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Economics

Edition: 12^th

Author: Arnold

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rolotony Author

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Smart ... Thanks!

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