Suppose that country A and country B both have the same amount of resources and that country

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Suppose that country A and country B both have the same amount of resources and that country A has an absolute advantage in both steel and wheat and a comparative advantage in steel production. Draw production-possibilities frontiers for countries A and B (on the same graph) that reflect these characteristics, and explain why you drew them in the manner you did.
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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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