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Business, 21.09.2019 03:30 live4dramaoy0yf9

Suppose that a worker in russia can produce either 10 units of grain or two units of rice per year, and a worker in japan can produce either five units of grain or 15 units of rice per year. there are 20 workers in russia and 10 workers in japan. currently the two countries do not trade. russia produces and consumes 100 units of grain and 20 units of rice per year. japan produces and consumes 50 units of grain and no rice per year. the combined output of the two countries is therefore 150 units of grain and 20 units of rice per year. if the two countries decided to trade and completely specialised in producing the good for which each has a comparative advantage, the combined yearly output of the two countries would be

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