11
AssignmentFill in the Blanks

International Trade

Question 11 • IL-Economics

Without specializing, the total output for both countries after two days would be 48.If Country A were to specialize in petroleum, its output would be ⇒ 32, thirty-two, thirtytwo, thirty two after two days.If Country B were to specialize in seafood, its output would be ⇒ 16, sixteen after two days.

Answer
⇒ 32, thirty-two, thirtytwo, thirty two:

32, thirty-two, thirtytwo, thirty two

⇒ 16, sixteen:

16, sixteen

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