Multiple Choice
Given the following Ricardo-type table showing the amount of labor input required to produce one unit of output of each of the two goods in each of the two countries:
If the wage rate in France is €60 per day (i.e., 60 euros per day) , what is the upper limit to the wage rate per day in Germany (which also uses the euro) that is compatible with two-way trade between the countries?
A) €40
B) €48
C) €75
D) €90
Correct Answer:

Verified
Correct Answer:
Verified
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