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Consider the example of trade between the United States and Brazil described in the tables below. Country # of workers needed to produce 1,000 units-
Consider the example of trade between the United States and Brazil described in the tables below. Country # of workers needed to produce 1,000 units- Chairs # of workers needed to produce 1,000 units- Laptops United States 5 workers 1 worker Brazil 6 workers 4 workers Total Production Before Trade Country Current Chair Production Current Laptop Production United States 6,000 30,000 Brazil 5,000 7,500 Total 11,000 37,500 Suppose that each country currently has 60 workers and each decides to transfer some amount of labor toward its area of comparative advantage. The United States transfers 15 workers away from chairs toward producing laptops. Brazil transfers 24 workers away from laptops toward producing chairs. What will be the new total output of laptops for both countries combined
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