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Maximum Fruit Production Maximum Vegetable Production US 1800 pounds 2400 pounds Brazil 1600 pounds 3000 pounds Which of the following terms of trade would be
Maximum Fruit Production | Maximum Vegetable Production | |
US | 1800 pounds | 2400 pounds |
Brazil | 1600 pounds | 3000 pounds |
Which of the following terms of trade would be acceptable for both the US and Brazil?
F=1.5V | ||
V=.5F | ||
F=1.9V | ||
V=.8F |
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