Suppose Italy can make either 1000 statues or 700 bottles of wine. Suppose the US can make either 100 statues or 900 bottles of wine. How should each specialize?

Bangladesh eyes investment gain as Japanese firms exit China Japan incentivizing its companies to shift manufacturing facilities out of China and adding Bangladesh to a list of preferred destinations for relocating the factories may give the South Asian nation’s economy a boost.“As the pandemic started in China, Japanese companies needed to diversify” their supply chains further, Naoki Ito, the Japanese ambassador to Bangladesh, said in an interview. “This will provide an opportunity for Bangladesh.”The island nation’s nudge to relocate companies comes at a time when a Special Economic Zone is in the making in Bangladesh to lure Japanese firms’ production facilities. The industrial zone sprawling on 1,000 acres in the Araihazar subdistrict, 32 kilometers away (about 20 miles) from the nation’s capital Dhaka, is expected to bring in $20 billion in Japanese investments, according to the Bangladesh Economic Zones Authority.Japanese manufacturers have already been seeking lower labor costs…

Why does the United States not have an absolute advantage in coffee? Explain. View keyboard shortcuts

According to the news wire what is the opportunity cost of a single missile test in terms of corn for each of north koreas 26 million people

Even if neither country had a comparative advantage, why might these countries still experience gains from trade? simple plus example please

Discuss the opportunity cost you incur for some activity in your life. Additionally, what activity do you feel you have comparative advantage in?

Calculating the comparative advantage. Which of the two countries have absolute advantage, and comparative advantage? What is the opportunity cost of the good??

American firms outsource many jobs to other, lower cost countries. How can this outsourcing actually lead to increased employment here in the USA?  How can there be any economic gains for a country from both importing and exporting the same good, like cars?

Why does the United States not have an absolute advantage in coffee?

Here is what Sweden and Canada can produce: Country Tons of Food Tons of Metal Sweden 40,000 XXXXX Canada XXXXX 1,000 Sweden has a comparative advantage in metal The price of metal will be between 10 and 20 food, if these countries trade. How much metal can Sweden produce? If you think the answer is 17,000, then write 17000, not 17,000.