X hours to produce a case of wine. For what values of X will gains from trade be possible? Check all that apply. 01 650 700 800 For what values of X will Germany export cars and import wine? Check all that apply. 650
X hours to produce a case of wine. For what values of X will gains from trade be possible? Check all that apply. 01 650 700 800 For what values of X will Germany export cars and import wine? Check all that apply. 650
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section: Chapter Questions
Problem 7PA
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Question
G.271.
![A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes 600 hours to produce a car and
X hours to produce a case of wine.
For what values of X will gains from trade be possible? Check all that apply.
0 1
650
700
800
For what values of X will Germany export cars and import wine? Check all that apply.
1
650
700](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4704128-405f-4318-b903-2637470bce9a%2F0633b331-b88e-4010-b81d-ee5c93d39760%2Fdnx5duwq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes 600 hours to produce a car and
X hours to produce a case of wine.
For what values of X will gains from trade be possible? Check all that apply.
0 1
650
700
800
For what values of X will Germany export cars and import wine? Check all that apply.
1
650
700
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