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fSupporta that Youmile and Rainier agree to tracks. Each country focuses its rithourcia on producing only the good in which it has a comparative advantage.
\fSupporta that Youmile and Rainier agree to tracks. Each country focuses its rithourcia on producing only the good in which it has a comparative advantage. The countries decide In exchange 24 million pounds of com for 24 million pounds of lentils. This ratio of goods is known as the price of trade between Yosemite and Rainier. The following graph shows the www PDF for Yousmile as buford, as well as its maniel consumption at point A Place a black point (plus symbol) ant what Note: Dashed drop lines will automatically exland in both axis. (7) Yourmite Consumption Aller Trade B LENTILS [Milions of pounds] 40 CORN (Milions of pounds) The following graph shows the same PIF for Rainier an before, as well as its initial consumption at paint A. As you did for Yawhite, place a black porte (plus spanball on the following graph to indicate airhe's consumption after trade Hainter Consumption Aller Trade LENTILS [Millions of pounds) COHN (Mituna of pounds) True or False: Without engaging in international trade, Yosemite and Rainier would not have been able to consume at the after-beds curcumplian Bundles. (Hint: Base this question on the answers you previously antared on this page.]
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