4. Suppose in an hour, 10 kg of rice and 5 meter of cloth is produced in...

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4. Suppose in an hour, 10 kg of rice and 5 meter of cloth is produced in India, and 5 kg and 2 meter in Thailand. Using opportunity costs, explain which country should export cloth and which should export rice?

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International Finance Theory And Policy

ISBN: 9781292238739

11th Global Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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Question Posted: Jul 25, 2024 10:03 AM

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4. Suppose in an hour, 10 kg of rice and 5 meter of cloth is produced in...

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International Finance Theory And Policy

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