CSUF Econ 333 Professor Khalifa

7. Consider the following production possibility frontiers of two countries: 10 Agriculture Manufacturing 10 20 20 3 5 7 5 Developing 5 Agriculture Manufacturing 20 25 10 8 2 4 3 Developed (a) The autarky price in the Developing country = (b) The autarky price in the Developed country = (c) The trade price between the two countries = (d) The combination of production in autarky in the Developing country = (e) The combination of production in autarky in the Developed country = (f) The combination of consumption in autarky in the Developing country = (g) The combination of consumption in autarky in the Developed country = (h) The combination of production in trade in the Developing country = (i) The combination of production in trade in the Developed country = (j) The combination of consumption in trade in the Developing country = (k) The combination of consumption in trade in the Developed country =