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Business, 07.10.2021 01:50 Kira4585

Answer the question on the basis of the accompanying production possibilities tables for two countries, Latalia and Trombonia. Latalia's production possibilities A B C D E Pork (Tons) 4 3 2 1 0 Beans (Tons) 0 5 10 15 20 Trombonia's production possibilities A B C D E Pork (Tons) 8 6 4 2 0 Beans (Tons) 0 6 12 18 24 Assume that before specialization and trade, Latalia produced combination C and Trombonia produced combination B. If these two nations now specialize completely based on comparative advantage, the total gains from specialization and trade will be

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