Country b apples36 bananas15 1 calculate the pretrade, Ask an Expert

Economics

Absolute prices of A and B,
Country A
Apples=$20
Bananas= 4

Country B
Apples=36
Bananas=15

1. Calculate the pretrade relative price of Apples in terms of Bananas. Relative price of Bananas?
2. Which country has a compartive advantage in Apples? ANd in Bananas?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9676152

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