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In the following table, enter each country's production decision on the third row of the table (labeled Production ) Felicidad Arcadia Corn Jeans Corn Jeans
In the following table, enter each country's production decision on the third row of the table (labeled "Production \") Felicidad Arcadia Corn Jeans Corn Jeans (Millions of bushels) (Millions of pairs) (Millions of bushels) (Millions of pairs) Without Trade Production 5 15 20 8 48 Consumption 15 20 8 48 With Trade Production :] E Imports/Exports v v v Consumption Gains from Trade R i i R Increase in Consumption Suppose the country that produces corn trades 18 million bushels of corn to the other country in exchange for 54 million pairs of jeans. In the previous table, use the dropdown menus across the row labeled "Imports/Exports\" to select the amount of each good that each country imports and exports, Then enter each country's final consumption of each good on the line labeled "Consumption. \
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