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shoes are labor-intensive and computers are capital-intensive. suppose that trade starts to happen between home and foreign countries. the shapes of the ppfs for two

shoes are labor-intensive and computers are capital-intensive. suppose that trade starts to happen between home and foreign countries. the shapes of the ppfs for two countries is given below, which nation will witness an increase in its labors' real earnings?

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+ jon.edu/courses/160957/quizzes/174999/take/questions/2140042 relative price or computers Tricreases from the pre-ti due price. II we men subtractme number of shoes produced domestically at the new international price from the number of shoes consumed at this price, we will get one point on for shoes. ngs cordings Shoes 500 225 B 150 175 200 300 Computers the indifference curve the production possibilities frontier the import demand schedule the export supply scheduleX + egon.edu/courses/160957/quizzes/174999/take/questions/2140043 Question s 1 pts (Figure: Home and Foreign Autarky Equilibria) Shoes are labor-intensive and computers are capital-intensive. Suppose that trade starts to happen between Home and Foreign countries. The shapes of the PPFs for two countries is given below, which nation will witness an increase in its labors' real earnings? tings Home Foreign Shoes | B Shoes Recordings Computers Computers both Home and Foreign . Home Foreign neither Home nor Foreign * Previous Next

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