Question: 1- Consider two countries: Home and Foreign C). The countries can produce X and Y according to their PPFs given below and the}r have identical

 1- Consider two countries: Home and Foreign C\"). The countries can

produce X and Y according to their PPFs given below and the}r

1- Consider two countries: Home and Foreign C\"). The countries can produce X and Y according to their PPFs given below and the}r have identical nice preferences. Draw a plausible excess demand curve for good Y in each country. Please draw.r both curves in the same graph. 2- Consider a country that: can produce X and Y according to 1their PPF: 20: 2 X + 4 Y. Indifference curves are nice and the consumption bundle in autarky is indicated in the diagram- Draw a plausible excess demand curve for good Y

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