Question: gn out X B hw chp 2 & 20 - Spring 2022 EC X G Suppose there are 2 countries tix + O & https://brightspace.ccc.edu/d21/Ims/dropbox/user/folder_submit_files.d21?db=

gn out X B hw chp 2 & 20 - Spring

gn out X B hw chp 2 & 20 - Spring 2022 EC X G Suppose there are 2 countries tix + O & https://brightspace.ccc.edu/d21/Ims/dropbox/user/folder_submit_files.d21?db= Instructions Reading for this assignment is only the first 10 pages of chp 20 or section 20.1 and 20.2. Suppose there are 2 countries that currently do not trade. Each produces only Bread and Apples. County A, employing all its resources can produce 7 units of Bread and O Apples OR 7 units of Apples and 0 Bread, or any combination in between. Country B. employing all its resources, can produce 10 units of Bread, 0 Apples, or 30 units of Apples, 0 Bread or any combination in between. Costs in each country are Constant. Is there any reason for these 2 countries to trade with each other, Why? 10pts. If there is trade, between what range of exchange, Bread : Apples will trade take place, if at all? + 5 pts due 2/8 @ 6 pm 15 pts Start Date Feb 3, 2022 6:00 PM Submit Cancel HE L O

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