Question: Consider the data in Table 32-1. Would U.S. residents gain from trade of U.S. tablets for Indian apps if the rate of exchange of tablet

Consider the data in Table 32-1. Would U.S. residents gain from trade of U.S. tablets for Indian apps if the rate of exchange of tablet devices for digital apps happened to be 3 tablets per app?

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The opportunity cost of apps in the United States is 225 tablets 90 apps o... View full answer

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