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The table below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the rest of the world per labor
The table below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the rest of the world per labor hour. If the United Kingdom and the rest of the world begin to trade with each other, the international price of corn will lie between _____ and
Productivity | In the United Kingdom | In the Rest of the World |
Umbrellas per labor hour | 0.25 | 1.00 |
Bushels of corn per labor hour | 0.50 | 0.67 |
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