Consider a world consisting of two countries, Freedonia and Sylvania

Consider a world consisting of two countries, Freedonia and Sylvania. Suppose that in Freedonia, 40 man-hours are required to produce each unit of clothing, and also 40 man-hours are required to produce each unit of food. In Sylvania, 10 man-hours are required for each unit of clothing and 20 man-hours are required for a unit …

Consider a world consisting of two countries, Freedonia and Sylvania Read More »