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Transactions that involve the physical movement of goods or a tangible commitment of resources are the domain of O A. international diplomacy. O B. international
Transactions that involve the physical movement of goods or a tangible commitment of resources are the domain of O A. international diplomacy. O B. international monetary analysis. O C. international trade analysis. O D. international intrigue.This exercise employs aspects of the basic Ricardian model of one factor and two goods. The table below contains the unit labor requirements in Home for Quantity of wine (gallons) each of the two goods. 120 Candy Wine 100- aLe = 1 hour aww = 3 hours per pound per gallon 80- where: aLC = number of labor hours needed to produce a unit of candy in Home; 60- alw = number of labor hours needed to produce a unit of wine in Home. 40- Using the line drawing tool, draw the production possibilities frontier for candy and wine in Home, given that there are 120 total labor hours (L) available. Label 20- this curve PPF. Carefully follow the instructions above and only draw the required object. O- 20 40 60 80 100 120 140 Quantity of candy (pounds)
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