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Business, 14.07.2019 00:00 samymaria1344

The graphs below show the production possibilities frontiers for grapes and lemons in spain and argentina, with their current level of production marked as points a and b. spain and argentina are trading partners, where the terms of trade are 1 million tons of grapes = 0.2 million tons of lemons or 1 million tons of lemons = 5 million tons of grapes. each year, 4 million tons of grapes are exported.

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The graphs below show the production possibilities frontiers for grapes and lemons in spain and arge...
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