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can produce either 2 containers of toys or 7 cases of wine.Thus, a production unit in China is five times as efficient compared to France

can produce either 2 containers of toys or 7 cases of wine.Thus, a production unit in China is five times as efficient compared to France when producingtoys, but equally efficient when producing wine. Assume at first that no trade takes place. China allocates 800 production units to building toys and 200 production units to producing wine. France allocates 200 production units to building toys and 800 production units to producing wine.

What is the production and consumption of China and France withouttrade?

a. What is the production and consumption of China and France withouttrade?

Calculate the production and consumption of China and France without tradebelow:(Round to the nearestinteger.)

Production if there is no trade

Toys

CHINA

Allocated production units to

Produces and consumes

FRANCE

Allocated production units to

Produces and consumes

Total production and consumption across both countries

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