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Question 3 2 pts Explain how you got the answers for the two questions above. You can type in your answer below. Edit View Insert
Question 3 2 pts Explain how you got the answers for the two questions above. You can type in your answer below. Edit View Insert Format Tools Table 12pt V Paragraph V B I U i V E V T2 V D 6') Owords > /' Question 1 4 pts Given the following graph showing production-possibilities frontiers for country A and country B of Neoclassical model in a situation where both countries are on the same community indifference curve S1 in autarky: good Y A S B good X Based on the graph above, a. Country A should [ Select ] good X and [ Select ] good Y to gain from trade. b. Country B should [ Select ] good X and [ Select ] good Y to gain from trade.Question 2 4 pts Given the following graph showing indifference curves for country A (a1) and for country B (b1) of Neoclassical model in a situation where both countries have the same production-possibilities frontier: good Y a b1 good X Based on the graph above, a. Country A should [ Select ] good X and [ Select ] good Y to gain from trade. b. Country B should [ Select ] good X and [ Select ] good Y to gain from trade
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