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In Country U, the opportunity cost of a computer is 30 pairs of shoes. In Country C, the opportunity cost of a computer is 130
In Country U, the opportunity cost of a computer is 30 pairs of shoes. In Country C, the opportunity cost of a computer is 130 pairs of shoes. This information is summarized by the following table: Opportunity Cost of a Computer Country U 30 pairs of shoes Country C 130 pairs of shoes a. Suppose the two countries split the difference between the willingness to pay for computers and the willingness to accept computers. The terms of trade, that is, the rate at which the two countries will exchange computers and shoes, will be 80 pairs of shoes per computer. (Enter your response rounded to one decimal place.) Part 3 b. Suppose the two countries exchange one computer for the number of shoes dictated by the terms of trade you computed above. The net benefit from trade for each country will be enter your response here pairs of shoes per computer
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