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A typical US worker can produce 1600 units of food or 40 units of clothing per year. A typical German worker can produce 3,000 units
A typical US worker can produce 1600 units of food or 40 units of clothing per year. A typical German worker can produce 3,000 units of food or 120 units of clothing per year. Based on the information given, an exchange rate of 1 clothing = 30 food would be to the US and to Germany: unacceptable; unacceptable O acceptable; unacceptable O acceptable; acceptable O unacceptable; acceptable
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