Business, 06.09.2021 20:20 war86

Germany and India only produce two goods. They have the same fixed resources, are equally efficient, and both countries have constant opportunity costs between two the goods. In one month, Germany can produce 200,000 automobiles or 60,000 hand-held computers. India can produce 150,000 automobiles or 50,000 hand-held computers. A. Graph the given information.
B. What is the opportunity cost for Germany to produce automobiles?
C. What is the opportunity cost for India to produce automobiles?
D. What is the opportunity cost for Germany to produce hand-held computers?
E. Which nation has the absolute advantage in Automobiles, Which has the absolute advantage in hand-held computers?
F. Which nation has the comparative advantage in automobiles, which has the comparative advantage in hand-held computers?
G. Can these nations benefit from trade? Explain how. Be detailed , use numbers and prove your answer.

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Germany and India only produce two goods. They have the same fixed resources, are equally efficient,...

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