Answer plz... both the questions Prior to the conflict between Russia and Ukraine, Russia sold fertilizer to Ukraine and Ukraine soldwheat to Russia. This is an example of_________trade.O horizontal inter-industry.O vertical intra-industry.O vertical inter-industry.O horizontal intra-industry. MotorcyclesMD+DFME+DFME+EDPPC in VietnamED+DFRiceMotorcyclesEIn reference to the above graph, suppose Vietnam and Japan are producing and consuming atpoints A and D, respectively. If they agree on the price shown on the graph as the line GB=CF,then Japan's total consumption of rice will bePPC in JapanDRice

Since you have posted multiple questions, we will provide the solution only to the first question as…

Prior to the conflict between Russia and Ukraine, Russia sold fertilizer to Ukraine and Ukraine sold wheat to Russia. This is an example of____________trade. horizontal inter-industry. O vertical intra-industry. O vertical inter-industry. O horizontal intra-industry.

Prior to the conflict between Russia and Ukraine, Russia sold fertilizer to Ukraine and Ukraine sold wheat to Russia. This is an example of____________trade. horizontal inter-industry. O vertical intra-industry. O vertical inter-industry. O horizontal intra-industry.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter13: General Equilibrium And Welfare

Section: Chapter Questions

Problem 13.2P

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Question

Answer plz... both the questions

Prior to the conflict between Russia and Ukraine, Russia sold fertilizer to Ukraine and Ukraine sold
wheat to Russia. This is an example of_________trade.
O horizontal inter-industry.
O vertical intra-industry.
O vertical inter-industry.
O horizontal intra-industry.

Motorcycles
MD+DF
ME+DF
ME+ED
PPC in Vietnam
ED+DF
Rice
Motorcycles
E
In reference to the above graph, suppose Vietnam and Japan are producing and consuming at
points A and D, respectively. If they agree on the price shown on the graph as the line GB=CF,
then Japan's total consumption of rice will be
PPC in Japan
D
Rice

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