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After talking to an aspiring writer while studying for your global economy exam near NYU, you find out that writers produce either screenplays or novels.The

After talking to an aspiring writer while studying for your global economy exam near NYU, you find out that writers produce either screenplays or novels.The writer states that the East Village and West Village are like different countries.Let's pretend the East Village and West Village are indeed different countries.There are two products:Novels and Screenplays.There are two factor endowments:Bad Dialogue Writers and Improbably Plot Writers

-The writer argues that the East Village has a very strong endowment in Bad Dialogue and relatively less Improbable Plots.

-The writer argues that the West Village has a very strong endowment in Improbable Plots and relatively less Bad Dialogue.

image text in transcribed
Factor Endowments of the Countries East Village West Village Bad Dialogue Writers 100 50 Improbable Plots 50 500 Writers

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