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MA_775_DIABLO [31]
3 years ago
15

In the declaration of sentiments

Advanced Placement (AP)
1 answer:
N76 [4]3 years ago
6 0
I’m not so but I think the answer is E. I’m sorry if I’m wrong
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Assume that the United States and India enjoy constant opportunity costs in the production possibilities shown in the table.
Soloha48 [4]

The nation that has the absolute advantage in peanuts is India.

<h3>How to solve for the absolute advantage of these countries</h3>

a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.

b. This is in the attachment

c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.

The US on the other hand has to specialize in pecans because they have  the comparative advantage in it.

d) The PPC for each country is a diagram

e. ) The terms of trade would be a pound of peanut for a pound of pec an for the countries.

Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.

India is also going to do likewise.

Read more on production possibility curve here:

brainly.com/question/2601596

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7 0
2 years ago
Which property of oceans best explains why they have a major effect on climate?
vredina [299]
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Which type of technology became less important to developed countries during the late 20th century?
igor_vitrenko [27]
Maritime transportation became less important to developed countries

in the 1950s, planes became a more popular mode of transportation, so traveling by sea was not as popular to developed countries
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