=+diagrams, with footballs on the horizontal axis and lumber on the vertical axis. b. autarky, if the

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=+diagrams, with footballs on the horizontal axis and lumber on the vertical axis.

b. autarky, if the United States wants to consume 500 footballs, how much lumber can it consume at most? Label this point A in your diagram. Similarly, if Canada wants to consume 1 ton of lumber, how many footballs can it consume in autarky? Label this point Cin your diagram.

c. Which

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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