Advanced Placement (AP), 17.02.2021 01:10 shann7074
4. An average worker in Brazil can produce an ounce of soybeans in 20 minutes and an ounce of coffee
in 60 minutes, while an average worker in Peru can produce an ounce of soybeans in 50 minutes and an
ounce of coffee in 75 minutes.
(a) Who has the absolute advantage in coffee?
(b) Who has the comparative advantage in coffee?
(c) If the two countries specialize and trade, who will import coffee? Explain.
(d) Assume that the two countries trade and that the country importing coffee trades 2 ounces
of soybeans for 1 ounce of coffee. Explain why both countries will benefit from this trade.
Answers: 1
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In the workplace, it is important to listen to others’ opinions, communicate effectively, and lend a hand when needed. these are . to be a good team member, it is important to show . this means telling the truth, showing empathy, and making the right choices
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Quickly ill give anyone brainliest plus free points if answered as a good rule of thumb, you should take a 15-minute break every while driving. a. 1 hour b. 2 hours c. 3 hours d. 4 hours
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4. An average worker in Brazil can produce an ounce of soybeans in 20 minutes and an ounce of coffee...
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