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Free Trade equilibrium For questions 13-18, suppose the two countries open up to free trade and that the world ratio of the price of
Free Trade equilibrium For questions 13-18, suppose the two countries open up to free trade and that the world ratio of the price of beef relative to that of wheat settles at a value equal to the average of the two countries' price ratios in autarky. Question 13 (2 points) Saved How many sacks of grain does Kenya produce in this free trade equilibrium? Question 14 (2 points) Saved How many pairs of shoes does Uganda produce in this free trade equilibrium? Question 15 (2 points) Saved If each country consumes half of global grain production, how many pairs of shoes can Kenya consume? Question 16 (2 points) Saved How many pairs of shoes can Uganda consume? Question 17 (2 points) Saved Total world exports consist of Question 18 (2 points) In this example, the move from autarky to free trade
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