Supose new high- yield grains are introduced to norway and, Ask an Expert

Economics

Supose new, high- yield grains are introduced to Norway and the number of labor hours needed to grow a ton of grain there is cut 5 hours to 2.5 hours. What will happen to trade between Norway and Spain? If the number of labor hours needed to growna ton of grain in Norway falls all the way to 2, what will happen to the pattern of trade?

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Business Economics, Economics

Category:- Business Economics
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