Home is as described in problem 1. There is now also another country, Foreign, with a labor
Question:
a. Graph Foreign’s production possibility frontier.
b. Construct the world relative supply curve.
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a The production possibility curve is linear with the intercept on the apple axis equal to 160 800...View the full answer
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Related Book For 
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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