According to law of comparative advantage who should, Ask an Expert

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Suppose the US can produce a bushel of wheat in 1 hour and a CD player in 10 hours . Thailand can produce a bushel of wheat in 12 hours and a cd player in 2 hours. According to the law of comparative advantage , who should produce wheat and who should produce Cd palyer? Compute all relevant opportunity cost.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9161513

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