Assume that the global economy consists of only two countries called F and G. It is said that there are only two goods, X and Y, at the same time. Below are the different combinations the two countries can each produce. Assuming that the cost of production is constant, what is the pre-trade opportunity cost of X 1 unit in Y?   1. (1) Country F: X 10 units or Y 20 units. (2) Country G: X 10 units or Y 10 units.   2. (1) Country F: X 2 units or Y 4 units. (2) Country G: X 3 units or Y 6 units.   3. (1) Country F: X 20 units or Y 5 units. (2) Country G: X 18 units or Y 2 units.     4. Among the cases presented in (1)-(3) above, which case satisfies the following conditions? Choose all State F exports good Y and imports good X (In which situations country F will export good Y and import good X.)     5. Which of the cases presented in (1)-(3) above satisfies the following conditions? Choose all Situation where trade does not occur (In which situations no trade will take place.)

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 Assume that the global economy consists of only two countries called F and G. It is said that there are only two goods, X and Y, at the same time. Below are the different combinations the two countries can each produce. Assuming that the cost of production is constant, what is the pre-trade opportunity cost of X 1 unit in Y?
 
1. (1) Country F: X 10 units or Y 20 units.
(2) Country G: X 10 units or Y 10 units.
 
2. (1) Country F: X 2 units or Y 4 units.
(2) Country G: X 3 units or Y 6 units.
 
3. (1) Country F: X 20 units or Y 5 units.
(2) Country G: X 18 units or Y 2 units.
 
 
4. Among the cases presented in (1)-(3) above, which case satisfies the following conditions? Choose all
State F exports good Y and imports good X
(In which situations country F will export good Y and import good X.)
 
 
5. Which of the cases presented in (1)-(3) above satisfies the following conditions? Choose all
Situation where trade does not occur
(In which situations no trade will take place.)
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