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I need you to complete the WhyDoCountriesTrade document. Will help to know the meanings of absolute and comparative advantage.
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Hi, attached please find the completed document. Thanks so much for the opportunity of working with you.
05.04 Trade Analysis—Template
Name _Your Name Here____________________ Instructor________________________________
Use the numbers on the table to complete the charts below.
Country
United States
Country A
Developing
Country B
Developing
Country C
Developed
Country D
Developed
CORN
(Worker hours to produce one unit)
2
6
8
2
4
CITRUS
(Worker hours to produce one unit)
4
10
10
6
8
APPAREL
(Worker hours to produce one unit)
2
4
6
2
2
COMPUTER SOFTWARE
(Worker hours to produce one unit)
4
12
8
8
4
Table 1: Complete a trade analysis for agricultural products. Choose which country from the table above.
Corn
Citrus
Number of additional worker
hours to produce one unit of
citrus instead of one unit of
corn
United Stat...