Question: Use the same Classical - type table showing the number of days of labor input required to obtain 1 unit of output of each of
Use the same Classicaltype table showing the number of days of labor input required to obtain unit of output of each of the five commodities in each of the two countries:
tableGems,Computers,Cars,Mineral Fuels,Pharmaceuticals,Furniture,Aircrafts,Works of ArttableUnitedKingdom Days, Days, Days, Days, Days, Days, Days, DaysUnited States, Days, Days, Days, Days, Days, Days, Days, Days
Keeping at $ day and keeping the exchange rate at $which means $
a If trade is taking place between the two countries, the "lower limit to UK wage rate per day is poynd keep decimals
b If trade is taking place between the two countries, the "upper limit to UK wage rate per day is pound.
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