country, X has a comparative advantage in producing game console. Suppose recently, the Education Department of Country X has banned all her residents from playing video games with game consoles. One Key-Opinion Leader (KOL) claims that “Since we don’t need game consoles anymore, we should stop producing game console at all. We should put the resources in producing wheat instead”. Given your above answers, explain whether you agree with the claim of the KOL.
country, X has a comparative advantage in producing game console. Suppose recently, the Education Department of Country X has banned all her residents from playing video games with game consoles. One Key-Opinion Leader (KOL) claims that “Since we don’t need game consoles anymore, we should stop producing game console at all. We should put the resources in producing wheat instead”. Given your above answers, explain whether you agree with the claim of the KOL.
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter19: International Trade
Section: Chapter Questions
Problem 12PAE
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country, X has a
Suppose recently, the Education Department of Country X has banned all her residents from playing video games with game consoles. One Key-Opinion Leader (KOL) claims that “Since we don’t need game consoles anymore, we should stop producing game console at all. We should put the resources in producing wheat instead”.
Given your above answers, explain whether you agree with the claim of the KOL.
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