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Business, 08.11.2019 00:31 123userhi

Germany and argentina produce two goods: barley and legumes. they are deciding whether they should engage in trade. given their agricultural resources, each can produce the following: germany: 1000 barley or 1200 legumes argentina: 700 barley or 1000 legumes. imagine sierra leone had the following production: 70 barley or 100 legumes. which of the following is true sierra leone can trade with argentina and both countries can gain from trade.
sierra leone can trade with germany and both countries can gain from trade.
sierra leone can trade with argentina but only sierra leone can gain from trade.
more than one answer is correct

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Germany and argentina produce two goods: barley and legumes. they are deciding whether they should...

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