Question: solve Given this information, ~w has an absolute advantage in producing cars, and ~w has an absolute advantage in producing grain. Also, 'w has a
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Given this information, ~w has an absolute advantage in producing cars, and ~w has an absolute advantage in producing grain. Also, 'w has a comparative advantage in producing cars, and 'Ww has a comparative advantage in producing grain. Assume that without trade, half of each country's workers produce cars and half produce grainStep by Step Solution
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