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Explain how many tons of coffee does the United States import? Table: United States and Colombia Production Possibilities) Colombia and the United States have production possibilities for coffee and computers as shown in the table. Suppose that each nation specializes in producing the good in which it has the comparative advantage, and the two nations agree to trade. One year later we observe Colombia consuming 20 computers and 20 tons of coffee, and we observe the United States consuming 80 computers and 5 tons of coffee. How many computers does the United States export? How many tons of coffee does the United States import? If the world price of a computer is $500, what is the world price of a ton of coffee? Justify your answers.
Illustrate what is OPEC's optimal level of production? Illustrate what is the prevailing price of oil at this level.
Does the lender gain or lose from this unexpectedly high inflation. Explain does borrower gain or lose.
Assume that you own a 10-acre plot of land that you would like to rent out to wheat farmers.
demand for its tennis balls by using the subsequent linear specification
Explain how do I draw a production possibilities curve for 2 products in an economy if a natural disaster affects one but not the other.
The U.S. cigarette organization has negotiated with Congress also government agencies to settle liability claims against it.
Suppose also that ham and cheese are the only goods that this person buys and that bread is free.
Determine the price elasticity of demand at each quantity demanded using the arc or midpoint formula.
Illustrate what is the effect of Westland's expansionary monetary policy on Eastland's nominal exchange rate in the short run also in the long run.
Each of the estimated coefficients statistically significant at the 95 per cent confidence interval. What is the optimal output level.
Elucidate how absolute also comparative advantages were used in your simulation. Elucidate the influences affecting foreign exchange rates.
Compute the industry o/p also marketplace share at the present price of $2,200, assuming the prices are stable also un such as to change.
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