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Following table shows the output per labor in producing toys and books in Switzerland and France. Answer the following questions according to the table. (

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Following table shows the output per labor in producing toys and books in Switzerland and France. Answer the following questions according to the table. ( a. Which country has comparative advantage in the production of each product? (show your calculations) b. If two countries agrees to trade with an exchange rate of 1 unit book = 1 unit toys, what will be the gains from trade of each country? Calculate and show Swiss France Toys Books 2

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