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经济 > 南昌大学:《会计学》ACCA课件(英文版)Chapter 3 Interdependence and the Gains from Trade
南昌大学:《会计学》ACCA课件(英文版)Chapter 3 Interdependence and the Gains from Trade
Interdependence and Trade Consider your typical day: – You wake up to a alarm clock made in Wenzhou – You put on some clothes made of cotton grown in Xinjiang and sewn in factories in Fujian Province.
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Production possibilities Frontiers Meat pounds) (a) The Farmers Production Possibilities frontier 2 A 1 0 2 4 Potatoes(pounds)
Production Possibilities Frontiers Potatoes (pounds) Meat (pounds) 4 2 1 2 (a) The Farmer’s Production Possibilities Frontier 0 A
Production possibilities frontiers Meat40 (pounds) (b) The Ranchers Production Possibilities frontier B 20… 0 2.5 5 Potatoes(pounds)
Production Possibilities Frontiers Potatoes (pounds) Meat (pounds) 5 40 20 2.5 (b) The Rancher’s Production Possibilities Frontier 0 B
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