Question: Scenario: Countries A and B Two countries, A and B , currently produce two goods, wheat ( W ) and steel ( S ) .
Scenario: Countries A and B
Two countries, A and B currently produce two goods, wheat W and steel S They each have a linear production possibility frontier in both goods. For Country if it spends all of its available resources to produce wheat, it can produce units of wheat and zero units of steel. If it uses all of its resources to produce steel it can produce units of steel and zero units of wheat. For Country B if it spends all of its available resources producing wheat, it can produce units of wheat, and if it spends all of its resources on the production of steel, it can produce units of steel.
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