England and scotland both produce scones and sweaters, Ask an Expert

Economics

England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 80 scones per hour or 1 sweater per hour. Suppose that a Scottish worker can produce 20 scones per hour or 2 sweaters per hour.

Give an example of a trade, which would benefit both countries.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91372572

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