Scotland Sweaters England And Scotland...?
England and Scotland...? - scotland sweaters
England and Scotland, both produce scones and sweaters. Suppose that a British worker 50 scones per hour or 1 hour can make sweaters. Let us assume that the worker can produce 40 rolls Scotch per hour or 2 shirts per hour.
a.) Which country has absolute advantage in producing any good? Which country has a comparative advantage?
b) deciding when England and Scotland, trade, trade in commodities in Scotland and England? Explaining.
c) If an employee can only now 1 Scottish sweaters, Scotland, full benefits of trade? England still win trading? Explaining.
1 comments:
The point is it? The answer is not to win.
Post a Comment