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Question: exercise 4 consider the following two countries information in the...

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Exercise 4 Consider the following two countries. Information in the table below represent the number of workers required to produce one unit of Phone Bike Australia Japan a. Which country has absolute advantage in producing planes? b. Which country has comparative advantage in producing planes? . When they decide to trade, explain the pattem of trade. What should be the price in the international market for both countries to be better off?
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