Chile and Xngantina earh protuce iell; beans andpeanut butter, usinCounty hasprosues.„pound of' peanunt b"Her In Argentina,1o00 hours of labor. In' chi le,inglabor as their only Pressince. Eachhouranpound of jelly Beanshaurs producean 'hourhourspro duceandproquicespound of 'pranat butter.When they fo not frade with earh other, chile4 peund of jelly beans anf 3pounds of jelly beansBgentinapennds of pesmut butter.ConsumesC00peanat butter, andjelly beans andand 200 peundss of466 pounds ofCOns umes200Suppose that Ehile and Argenting beyin to tradewith eash other. Each, completly spealjzer in the protluctwhich it finds its compmativa aduantaje How mangMove pounds, of' peanut bu Hertwoin'counties', pró duceCompared with proguetlonqud jely deansdo thebe feretofrade?

wo countries: Chile (C) and Argentina (A) Two goods: Jellybeans (J) and Peanut Butter (P) One factor…

Chile and Xngon fing peanut butter, asing laber as their enly Pressince. Each pub pro luce ielly beans ahd esponce. Each hour earh has propluies, a pound of' peanut butter. In Xrgentina Lo00 hours of laber. In' chile, pound of jelly Beans and 2 haurs produce an prequices a pound of 'pramat butter. an 'hour prs duce peun atter jelly beans an? 3 haurs When ofther, chile they to not trade with earh Consumes Coo pounds off jelly beans and 200 peunds of peanat batter, and Agenting elly beans and cons umes 466 poun ds of peunde of parimnt butter. Argenting berin to trade 260 Suppose that Ehile and with earh ofther. Egch, complety specialiser in the protuct which it finds its compmativa atantaje. How mang in more pounds of Awo then Bes an mpared witH productun be fore 4'peanut bu Her counpes p Io frade?

Chile and Xngon fing peanut butter, asing laber as their enly Pressince. Each pub pro luce ielly beans ahd esponce. Each hour earh has propluies, a pound of' peanut butter. In Xrgentina Lo00 hours of laber. In' chile, pound of jelly Beans and 2 haurs produce an prequices a pound of 'pramat butter. an 'hour prs duce peun atter jelly beans an? 3 haurs When ofther, chile they to not trade with earh Consumes Coo pounds off jelly beans and 200 peunds of peanat batter, and Agenting elly beans and cons umes 466 poun ds of peunde of parimnt butter. Argenting berin to trade 260 Suppose that Ehile and with earh ofther. Egch, complety specialiser in the protuct which it finds its compmativa atantaje. How mang in more pounds of Awo then Bes an mpared witH productun be fore 4'peanut bu Her counpes p Io frade?

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter21: International Trade And Comparative Advantage

Section: Chapter Questions

Problem 6DQ

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