Social Studies, 29.11.2019 02:31 dthompson365
Question 1 options: france and tunisia both have mediterranean climates that are excellent for producing/harvesting green beans and tomatoes. in france is takes two hours for each worker to harvest green beans and two hours to harvest a tomato. tunisian workers only need one hour to harvest the tomatoes but four hours to harvest green beans. assume there are only two workers and each worker works 40 hours a week. a) which country has the absolute advantage in green beans? france b) which country has the absolute advantage in tomatoes? tunisian c) which country has a comparative advantage in green beans? france d) which country has the comparative advantage in tomatoes? tunisian e) how much would france have to give up in terms of producing tomatoes to gain from trade? 20 tomato(s) f) should france give up producing green beans to produce tomatoes? (yes/no)
Answers: 2
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In ancient egypt, the pharaoh collected from the peasant farmers. a. oil b. gold c. lumber d. taxes
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Question 1 options: france and tunisia both have mediterranean climates that are excellent for prod...
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