The following table illustrates what can be produced in 1 da…

The following table illustrates what can be produced in 1 day with the same stock of resources in France and Germany. Use the information to answer the following questions.     cheese  beef France 34 40 Germany 56 20 Which of the following terms of trade would Germany agree to? (check all that apply) Again, keep in mind what Germany wants to import. 

The following table illustrates what can be produced in 1 da…

The following table illustrates what can be produced in 1 day with the same stock of resources in Slovakia and Croatia. Use the information to answer the following questions.     potatoes  wheat Slovakia 50 25 Croatia 30 18 Based on the theory of comparative advantage, ________ should produce potatoes and __________ should produce wheat.