Vcr 0 United States 10 20 Photocopier Vcr 80 60 40 South Korea Photocopier 80 0 60 10 40 20 30 20 20 30 40 0 0 40 Draw T 1 (73.42 KiB) Viewed 11 times
Vcr 0 United States 10 20 Photocopier Vcr 80 60 40 South Korea Photocopier 80 0 60 10 40 20 30 20 20 30 40 0 0 40 Draw T 2 (35.86 KiB) Viewed 11 times
VCR 0 UNITED STATES 10 20 PHOTOCOPIER VCR 80 60 40 SOUTH KOREA PHOTOCOPIER 80 0 60 10 40 20 30 20 20 30 40 0 0 40 Draw the production possibilities of the two Nations using the ta above on ONE GRID (30points)
What are the terms of trade for the two Nations? (Hint: how many of one could one nation produce while giving up the other) SHOW CALCULATION. 1. USA. 2. SOUTH KOREA- (5points) (Spoints) I 3. If VCR sells for $200 each and photocopier also sells for $200 what will be the terms of trade? (6points)
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