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The following table shows production possibilities for Singapore and Peru, assuming that there is no trade. Each number represents units ofproduct produced per hour, it
The following table shows production possibilities for Singapore and Peru, assuming that there is no trade. Each number represents units ofproduct produced per hour, it all resources are fully employed. Product Singapore Peru Computers 200 100 Textiles am] 500 [Round a\" responses to M0 decimal places.) The opportunity cost of producing computers in Singapore is units of textiles per computer. The opportunity cost of producing computers in Peru is units of textiles per computer. V . and Peru has a comparative advantage in Thus Singapore has a comparative advantage in Y and total world consumption of computers and textiles will If Singapore specializes in computers and Peru specializes in textiles, total world production of computers and textiles will
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