Ing The By Fe Ngi Suppose That France And Germany Both Produce Wine And Cheese The Table Below Shows Combinations Of Th 1 (38.35 KiB) Viewed 14 times
Ing The By Fe Ngi Suppose That France And Germany Both Produce Wine And Cheese The Table Below Shows Combinations Of Th 2 (16.07 KiB) Viewed 14 times
ing the by fe ngi Suppose that France and Germany both produce wine and cheese. The table below shows combinations of the goods that each country can produce in a day France. Germany Wine (Bottles) 0 1 2 3 4 Cheese (Pounds) 12 9 6 3 0 Wine (Bottles) 0 1 2 3 4 5 Chense (Pounds) 25 4及5050 20 15 10 Who has the comparative advantage in producing wine and who has the comparative advantage in producing cheese? OA. France has a comparative advantage producing wine and cheese ding OB. Neither has a comparative advantage producing wine or cheese the it ti OC. France has a comparative advantage producing wine and Germany has a comparative advantage producing cheese OD. France has a comparative advantage producing cheese and Germany has a comparative advantage producing wine OE. Germany has a comparative advantage producing wine and cheese rec Suppose that France is currently producing 1 bottle of wine and 9 pounds of cheese and Germany is currently producing 3 bottles of wine and 10 pounds of cheese. Then, assume instead that France and Germany specialize by producing only the good for which they have a comparative advantage and then trade 3
Suppose that France is currently producing 1 bottle of wine and 9 pounds of cheese and Germany is currently producing 3 bottles of wine and 10 pounds of cheese. Then, assume instead that France and Germany specialize by producing only the good for which they have a comparative advantage and then trade 3 bottles of wine for 10 pounds of cheese After specialization and trade, France gains by consuming the same amount of wine and additional pound(s) of cheese (enter a numeric response using an integer) and Germany gains by consuming the same amount of wine and additional pound(s) of cheese.
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