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just need question 5 answered and explained Please use this information to answer the next four questions, A typical US worker can produce of clothing
just need question 5 answered and explained
Please use this information to answer the next four questions, A typical US worker can produce of clothing per year ng per year, A typical German worker can proluce 3 SX00 units of food or 120 units US S. Based on the information given,the theory of comparative advamage suggests that B. US will be a net importer of clothing from Germany A. US will be a net exporter of clothing to CGenmany C. US will be a net importer of both clothing and food from Germany D. US will be a net exporter of both clothing and food to Germany 6 6. Based on the information given, the opportunity cost of I unit of food in the US is A. 40.00 units of clothing B. 0.040 units of clothing C. 0.025 units of clothing 3Step by Step Solution
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