Question: There are only two outputs and one input. India can produce 4 yards of textiles and 5 pounds of food per unit of input. Thailand
There are only two outputs and one input. India can produce yards of textiles and pounds
of food per unit of input. Thailand can produce yards of textiles and pounds of food per
unit of input.
India is endowed with units of inputs and Thailand is endowed with units of input.
Without trade, each country produces and consumes as follows:
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