Suppose that Country A and Country B have unit labour requirements for producing one tonne of steel and one tonne of oil shown in the following table: [Andaikan Negara A dan Negara B mempunyai keperluan unit buruh untuk menghasilkan satu tan keluli dan satu tan minyak yang ditunjukkan dalam jadual berikut:] Unit labour requirements [Keperluan unit buruh] Country A (Negara 47 Country B [Negara Bl

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Required: Both countries agree that one tonne of steel can be exchanged for one tonne of oil . Calculate the gains after trade is allowed if Country A consumes 30 tonnes of oil domestically
Suppose that Country A and Country B have unit labour requirements for producing
one tonne of steel and one tonne of oil shown in the following table:
[Andaikan Negara A dan Negara B mempunyai keperluan unit buruh untuk menghasilkan satu tan keluli
dan satu tan minyak yang ditunjukkan dalam jadual berikut:]
Steel
[Keluli]
Oil
[Minyak]
Unit labour requirements
[Keperluan unit buruh]
Country A
[Negara A]
4
2
Country B
[Negara B]
4
5
Transcribed Image Text:Suppose that Country A and Country B have unit labour requirements for producing one tonne of steel and one tonne of oil shown in the following table: [Andaikan Negara A dan Negara B mempunyai keperluan unit buruh untuk menghasilkan satu tan keluli dan satu tan minyak yang ditunjukkan dalam jadual berikut:] Steel [Keluli] Oil [Minyak] Unit labour requirements [Keperluan unit buruh] Country A [Negara A] 4 2 Country B [Negara B] 4 5
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