For Question 20, 21 and 22: please refer to Diagram 4 20. If Country A and...

  

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For Question 20, 21 and 22: please refer to Diagram 4 20. If Country A and Country B have the same indifference curves, who has the lower PS/PT in Autarky? a. Country A b. Country B c. Not enough information d. It depends on which country is on a higher indifference curve 21. Suppose that S is the capital intensive good. Who is capital abundant between Country A and Country B? a. Country A b. Country B c. Not enough information d. It depends on which country is on a higher indifference curve 22. Suppose that S is the capital intensive good. In which country labor unions are more likely to lobby against a free trade agreement between Country A and Country B? (Hint: Stolper-Samuelson) a. Country A b. Country B c. Not enough information d. It depends on which country is on a higher indifference curve A B T T S S For Question 20, 21 and 22: please refer to Diagram 4 20. If Country A and Country B have the same indifference curves, who has the lower PS/PT in Autarky? a. Country A b. Country B c. Not enough information d. It depends on which country is on a higher indifference curve 21. Suppose that S is the capital intensive good. Who is capital abundant between Country A and Country B? a. Country A b. Country B c. Not enough information d. It depends on which country is on a higher indifference curve 22. Suppose that S is the capital intensive good. In which country labor unions are more likely to lobby against a free trade agreement between Country A and Country B? (Hint: Stolper-Samuelson) a. Country A b. Country B c. Not enough information d. It depends on which country is on a higher indifference curve A B T T S S

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Based on the indifference curves you provided it is not possible to determine which country A or B has a lower PSPT in autarky answer choice c Heres w... View the full answer