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Concept. Gains from Trade 1 e production possibilities frontiers in the figure to the right show how many bananas and coconuts you (Y) and your

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Concept. Gains from Trade 1 e production possibilities frontiers in the figure to the right show how many bananas and coconuts you (Y) and your ighbor (N) can consume without trade. Suppose you are initially consuming 15 bananas and 2 coconuts and your eighbor is initially consuming 5 bananas and 5 coconuts. Q Your PPF Now, suppose you and your neighbor specialize by each only producing the good for which you have a comparative advantage You give your neighbor half of your production for half of what he produces. (Enter all responses as integers.) If you trade with your neighbor, then you will have 1 additional coconut(s) after the trade Quantity of coconuts N Neighbor's PPF 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 Quantity of bananas Enter your answer in the answer box and then click Check Answer. Clear All 2 parts remaining O Type here to search Insert Delete PrtSc F12 F10 F11 F8 F9 F7 Num X C F3 F4 F5 F6 + Backspace Lock Esc F1 F2 8 S 9 @ 5

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