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What David Ricardo saw was thát it could still be mutually beneficial for both countries to...


What David Ricardo saw was thát it could still be mutually beneficial for both countries to specialize and trade COUNTRY WHEAT WINE England (270) man hours) Portugal (180 man hours 15 10 30 15 BEFORE TRADE (i.e. NO TRADE, or AUTARKY) COUNTRY WHEAT WINE England (270) man hours) Portugal (180 man hours) TOTAL COUNTRY WHEAT WINE England (270) man hours) Portugal (180 man hours) PRODUCTION POSSIBİLITIESCURVE(FRONTIER) (REMINDER: The PPC summarizes national production capacities) ENGLAND PORTUGAL
What David Ricardo saw was thát it could still be mutually beneficial for both countries to specialize and trade COUNTRY WHEAT WINE England (270) man hours) Portugal (180 man hours 15 10 30 15 BEFORE TRADE (i.e. NO TRADE, or AUTARKY) COUNTRY WHEAT WINE England (270) man hours) Portugal (180 man hours) TOTAL COUNTRY WHEAT WINE England (270) man hours) Portugal (180 man hours) PRODUCTION POSSIBİLITIESCURVE(FRONTIER) (REMINDER: The PPC summarizes national production capacities) ENGLAND PORTUGAL
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Pace No. Date d and u heat gland 30/25 IS Total 22.5 2.S Both ush have speeialiration pandace that goad in sahich to Fa Engh opportunity-ted-9-producing 14-wheat. o cast twheat 2 units int 2 Is l0 and E la ail! enly England Portiugal Total 0 30.Jhe l0 Wint ENGLAND 36 PORTUGAL

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