The table below describes production possibilities for Mexico and Nigeria. Each number in the table shows the number of workers needed to produce one unit of the product. Country Shoes Glasses Mexico 10 12 Nigeria 18 5 Which country should be specializing in the production of Glasses? Which country should be specializing in the production of Shoes? Which country should be exporting Shoes? Which country should be exporting Glasses?
The table below describes production possibilities for Mexico and Nigeria. Each number in the table shows the number of workers needed to produce one unit of the product. Country Shoes Glasses Mexico 10 12 Nigeria 18 5 Which country should be specializing in the production of Glasses? Which country should be specializing in the production of Shoes? Which country should be exporting Shoes? Which country should be exporting Glasses?
Chapter28: International Trade
Section: Chapter Questions
Problem 2P
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Question
- The table below describes production possibilities for Mexico and Nigeria. Each number in the table shows the number of workers needed to produce one unit of the product.
Country |
Shoes |
Glasses |
Mexico |
10 |
12 |
Nigeria |
18 |
5 |
- Which country should be specializing in the production of Glasses?
- Which country should be specializing in the production of Shoes?
- Which country should be exporting Shoes?
- Which country should be exporting Glasses?
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