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Asap please fu w I - - d. Using the diagrams drawn in part a, demonstrate and explain that full specialization and trade make both
Asap please
\fu w I - - d. Using the diagrams drawn in part a, demonstrate and explain that full specialization and trade make both countries better off. Assume Indonesia trades 2 litres of palm oil and receives 2 kg of chicken from Malaysia. Suppose further originally Indonesia consumes 4 litres of palm oil and 1 kg of chicken; Malaysia consumes 1.5 litres of palm oil and 2 kg of chicken [7 marks]Step by Step Solution
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