What is opportunity cost of cheese in france

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1) What is opportunity cost of cheese in France at 2 kilograms to Germany 1 kilogram?

2) Which country France or Germany has comparative advantage in cars at France .25 and Germany .50 output per hours worked? And cheese France 2 kilograms, Germany 1 kilogram. Explain answer.

3) What are the upper and lower bounds for the trade price of cheese?

Reference no: EM13735395

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