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Y 100 Country A Country B 20 X 40 40 40 If terms of trade of 5Y for 10X is offered: 1. Is Country

Y 100 Country A Country B 20 X 40 40 40 If terms of trade of 5Y for 10X is offered: 1. Is Country A better off? Explain your answer using the most appropriate economic vocabulary to support your answer. 2. Is Country B better off? Explain your answer using the most appropriate economic vocabulary to support your answer.

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