Suppose that each worker in the foreign country can produce 3 bushels of wheat or...
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Suppose that each worker in the foreign country can produce 3 bushels of wheat or 3 yards of cloth. Assume that foreign has one hundred workers. c) Graph the production possibilities frontier for the foreign country. (4p) d) What is the no-trade relative price of wheat in Foreign? (4p) e) in which good does Home have a comparative advantage and why? (4p) 
Suppose that each worker in the foreign country can produce 3 bushels of wheat or 3 yards of cloth. Assume that foreign has one hundred workers. c) Graph the production possibilities frontier for the foreign country. (4p) d) What is the no-trade relative price of wheat in Foreign? (4p) e) in which good does Home have a comparative advantage and why? (4p)
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