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Scenario: Foodland and Drinkland Two countries, Foodland and Drinkland, produce food and drinks. In Foodland, one resource unit produces 20 tons of food and one resource unit produces 10 tons of drinks. In Drinkland, one resource unit produces 12 tons of food and one resource unit produces 24 tons of drinks. Food Drinks Foodland 20 10 Drinkland 12 24 If these two countries were to gain from trading with each other, this would support the notion that trade is a .
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Scenario: Foodland and Drinkland Two countries, Foodland and Drinkland, produce food and drinks. In...
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