Question

7. Problems and Applications Q7

A German worker takes 600 hours to produce a car and 3 hours to produce a case of wine. A French worker takes 800 hours to produce a car and X hours to produce a case of wine.

For what values of X will gains from trade be possible? Check all that apply.

1

3

900

950

For what values of X will Germany export cars and import wine? Check all that apply.

1

820

900

Answer 1

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