Question
7.Suppose that a worker in country A can produce either 5 units of wheat or 25 units of fish per year, and a worker in
7.Suppose that a worker in country A can produce either 5 units of wheat or 25 units of fish per year, and a worker in country B can produce either 25 units of wheat or 5 units of fish per year. There are 10 workers in each country. No trade occurs between the two countries. A produces and consumes 25 units of wheat and 125 units of fish per year, while B produces and consumers 125 units of wheat and 25 units of fish per year. If trade were to occur, A would trade 100 units of fish to B in exchange for 100 units of wheat. If A no longer grew any of its own wheat, how many units of fish could it now consume with the 100 units of imported wheat
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