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How does tariff regulates the import and export of goods? 1. Products Country A Country B Powdered Juice 1,000 kilos per week (10 900 kilos

How does tariff regulates the import and export of goods?

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1. Products Country A Country B Powdered Juice 1,000 kilos per week (10 900 kilos per week (13 laborers) laborers) Sugar 1,000 kilos per week (20 1,500 kilos per week (15 laborers) laborers) a. In the above table, who has an absolute advantage in terms of powdered juice? Explain your answer. b. In the above table, who has an absolute advantage in terms of sugar? Explain your answer. 2. Products Country A Country B Laptop 10 units per day (5 5 units per day (5 laborers) laborers) Printer 15 units per day (10 10 units per day (10 laborers) laborers) a. In the above table, who has a comparative advantage in terms of laptop? Explain your answer. . b. In the above example, who has a comparative advantage in terms of printer? Explain your

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