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Assume there are two worker in cuba and four worker china. Cuba. China Bottle of coffee produced 5 10 per hour pound of rice produced
Assume there are two worker in cuba and four worker china.
Cuba. China
Bottle of coffee produced 5 10
per hour
pound of rice produced 10. 50
hour
D. Will cuba and china trade if the international relative price of coffee is 3 pound of rice? Would they trade if it was 1.5 pound of rice?
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