Business, 07.10.2019 23:20 arizmendiivan713
Assume that two countries (home and foreign) each produce two goods (corn and wheat) under constant cost production. home produces 0.5 ton of corn or 1 ton of wheat with a day of labor. without trade (in autarky), home's daily production is 20 tons of wheat and 10 tons of corn. what is home's price of corn in autarky?
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Assume that two countries (home and foreign) each produce two goods (corn and wheat) under constant...
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