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Complete the tables for Ricardian Eocnomics Opp. Cost, Opp. Com. Dress Shirts Soybeans Dress Shirts Soybeans Per-Unit Input US $8.00 $5.00 Costs China $10.00 $10.00

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Complete the tables for Ricardian Eocnomics

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Opp. Cost, Opp. Com. Dress Shirts Soybeans Dress Shirts Soybeans Per-Unit Input US $8.00 $5.00 Costs China $10.00 $10.00 Autarky Ratio J Dress Shirts Ratio 4 Soybeans US 50% 50%% Notice the ratios are locked in at 50%% / 50%. This means we're dividing each country's fixed China 50%% 50% resources of $100 equally between the two Total The numbers to beat! Dress Shirts Soybeans Specialization Ratio 4 Ratio + More Good 17 More Good 2? Ratio check US (or each $100, 1 China Total Price anarky, buth sided want more of both "extra" good tom gives_minet "lacking" good cards? _unm of UNITS OF UNITS OF Dress Shirts Soybeans Trade product 4 amount product + amount TRADED TRADED US good and manes is China Note: find the midpoint between each pair of extra/ lacking goods! Dress Shirts Soybeans Final US Consumption China Total

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