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There are two nations trading, the US and France U.S. France (P)paper 24 4 (S)Shoes 8 4 * the numbers above represent the amount of
There are two nations trading, the US and France
U.S. France
(P)paper 24 4
(S)Shoes 8 4
* the numbers above represent the amount of output per hour of labor
The US domestic terms of trade are?
a) 2p:1S
B) 6P:1S
C) 1P:1S
D) 3P:1S
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