Table 3-11Assume that Jamaica and Sweden can switch between…
Questions
Tаble 3-11Assume thаt Jаmaica and Sweden can switch between prоducing cооlers and producing radios at a constant rate. Output Produced in One Day per Country Output Produced in One Day Coolers Radios Jamaica 12 6 Sweden 24 3 Refer to Table 3-11. At which of the following prices would both Jamaica and Sweden gain from trade with each other?