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Provide a numerical example to show how Vietnam and China can both gain from trade. Assume that the terms of trade are established at 6
Provide a numerical example to show how Vietnam and China can both gain from trade.
Assume that the terms of trade are established at 6 units of cloth for 1 bicycle. Fill in the Table
with the output after trade.
Vietnam
China
Output
Exports
Consumes
Imports
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