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Table 1314 Shows the Output of Kumquats Per Month

Question 135

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Table 13.14 shows the output of kumquats per month.
Table 13.14 shows the output of kumquats per month. -Suppose that the productivity per worker in the caviar and salmon industries of Canada and Russia are as follows: a)Which country has the absolute advantage in producing caviar? b)Which country has the absolute advantage in producing salmon? c)Which country has the comparative advantage in producing caviar? d)Which country has the comparative advantage in producing salmon? e)According to the theory of comparative advantage,will there be trade? If yes,what is the direction of trade?
-Suppose that the productivity per worker in the caviar and salmon industries of Canada and Russia are as follows:
Table 13.14 shows the output of kumquats per month. -Suppose that the productivity per worker in the caviar and salmon industries of Canada and Russia are as follows: a)Which country has the absolute advantage in producing caviar? b)Which country has the absolute advantage in producing salmon? c)Which country has the comparative advantage in producing caviar? d)Which country has the comparative advantage in producing salmon? e)According to the theory of comparative advantage,will there be trade? If yes,what is the direction of trade? a)Which country has the absolute advantage in producing caviar?
b)Which country has the absolute advantage in producing salmon?
c)Which country has the comparative advantage in producing caviar?
d)Which country has the comparative advantage in producing salmon?
e)According to the theory of comparative advantage,will there be trade? If yes,what is the direction of trade?

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a)Russia has the absolute advantage in p...

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