(Answered) Suppose brazil and china only trade with each other and

Engineering

Suppose Brazil and China only trade with each other and they both produce the same two goods: grocery and fish. given its resources, Brazil can prdouce either 2 units of grocery per day or 1 unit of fish; China cna produce either 5 units of grocery or 4 units of fish.

What are the gains from trading a unit of fish if the international price of fish is equal to the average of the local prices in the two countries? (show your work process)

View complete question

Computer Engineering, Engineering

Category:- Computer Engineering
Reference No.:- M92316520
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Computer Engineering

If the annualized five-year rate of return is 15 and if the

If the annualized five-year rate of return is 15%, and if the first year's rate of return is 20%, and if the returns in all other years are equal, what are they? Provide the answer in % with four decimal places without r ...

Question when a syscall is called which register must have

Question : When a syscall is called which register must have the syscall number? Which syscall is a must for every program? Why?

Diacussion 1 how would one distinguish between an

Diacussion: 1) How would one distinguish between an organizational weekness and threat to the organization? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA for ...

Case studyjulian lim purchased a put option at the cost of

Case study: Julian Lim purchased a put option at the cost of $0.30 each. The put option has a strike price of S$3.00 and the underlying stock is currently trading at S$3.50. Julian Lim bought 100 shares. Question: Determ ...

Respond to the statement below in at least 100 words

Respond to the statement below in at least 100 words. Original answers only. If developers are making decisions on the requirements, then how do they know that the software will work properly for the end user? Developers ...

Question we are running the insertion sort algorithm on the

Question : We are running the Insertion Sort algorithm on the array A = . a) Write the array A at the start of the iteration j=5 of the for loop. b) What is the value of i at the start of the iteration j=6 of the for loo ...

Tasks1 identify possible actors and use cases involved in

Tasks: 1. Identify possible actors and use cases involved in Personal Trainer's operations. 2. Create an object relationship diagram for the Personal Trainer information system. 3. Create a use case diagram for the syste ...

Reading the biographybook where the body meets memory by

Reading the Biography Book : "Where the Body Meets Memory" by David Mura Questions: 1. The internment camps were a very painful experience for Japanese Americans. They were also a very important and awkward chapter in Am ...

A street vendor is asking people to play a simple game you

A street vendor is asking people to play a simple game. You roll a pair of dice. If the sum on the dice is 10 or higher, you win $10. If you roll a pair of 1's, you win $59. Otherwise you lose $5. If the random variable ...

Run the command netstat -athis will give you a list of all

Run the command netstat -a This will give you a list of all of the network connections your system knows about. How many do you see that are listening (meaning, there are programs that are waiting for connections from ot ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Computer Engineering Expert