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Home Q & A Board Other Fields Homework Help Business Economics
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dskmvld dskmvld
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4 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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4 years ago
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dskmvld Author
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4 years ago
Helped a lot
missnoname
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Yesterday
Thanks for your help!!
jbarnett14
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2 hours ago
Good timing, thanks!
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