Essay
Consider the following daily production possibilities of apples and bananas in Ireland and Scotland:
Suppose the production of apples requires skilled workers while banana production requires unskilled workers.If Scotland and Ireland choose to trade with each other in order to take advantage of their opportunity costs:
a)Who will sell bananas? Who will sell Apples?
b)Which worker will gain in Scotland? Which worker will be hurt?
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a)Scotland will sell bananas because the...View Answer
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