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Business, 22.01.2020 21:31 eraines1714

Suppose that greece and switzerland both produce rye and stained glass. greece's opportunity cost of producing a pane of stained glass is 4 bushels of rye while switzerland's opportunity cost of producing a pane of stained glass is 10 bushels of rye. by comparing the opportunity cost of producing stained glass in the two countries, you can tell that (germany, france) has a comparative advantage in the production of stained glass and (germany, france) has a comparative advantage in the production of rye.

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Suppose that greece and switzerland both produce rye and stained glass. greece's opportunity cost of...
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