Social Studies, 13.12.2020 01:40, bertha4082
Suppose that the United States and Canada can each produce two products: lumber and beef. Create a table like the one below, showing labor requirements per unit of output for each country. (Hint: Choose numbers for each country that are easily divisible by one another.)
What does absolute advantage mean? How do you calculate absolute advantage? In what output(s) does the U. S. have an absolute advantage? Explain using the data from your table. In what output(s) does Canada have an absolute advantage? Explain using the data from your table.
What does comparative advantage mean? How do you calculate comparative advantage? In what output(s) does the U. S. have a comparative advantage? Explain using the data from your table. In what output(s) does Canada have a comparative advantage? Explain using the data from your table.
What product should each country export? Why?
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Social Studies, 21.06.2019 21:00, pablohc200021
What were some of the ways you learned about the political establishment through family members and friends? how were you politically socialized as a child?
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Social Studies, 21.06.2019 21:40, 2022rickskyye
Part d most of the group decides to use the wood to build a fence, which would divide the island from the beach. but some people don't want to use the wood for that purpose. do you think it would be fair to make those people build the fence?
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Social Studies, 23.06.2019 02:30, maddireigh6403
In a communication, the media needs to be shared between devices
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Suppose that the United States and Canada can each produce two products: lumber and beef. Create a t...
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