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Font Paragraph Styles Given the table below for the two countries Chile and Venezuela, (Farm Equipment=Tractors) Chile Venezuela Beef (tons) Farm Equipment Beef (tons) Farm

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Font Paragraph Styles Given the table below for the two countries Chile and Venezuela, (Farm Equipment=Tractors) Chile Venezuela Beef (tons) Farm Equipment Beef (tons) Farm Equipment 0 9 0 15 40 6 5 10 80 3 10 5 120 0 15 0 Consume w/o Trade 80 3 10 5 2. a. Demonstrate and graph the production possibilities frontier for each country including their consumption points without trade. b. Does either country have a comparative advantage? Demonstrate, Explain and prove your answer. C. Assume the 2 countries want to trade, they will exchange 20 tons of beef for 5 tractors, will these 2 countries trade? Demonstrate, Explain and Prove. English (United States) Focus

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