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Bok1+2nonotes
1.
Economics semester 1
Lecture 1 BoK Item 1 and 2
2.
3.
4.
5.
6.
The Production Possibilities
Curve
7.
8.
The Production Possibilities
Curve
9.
10.
11.
Yes: Gains from
trade!
12.
13.
In the table
below, you find the costs of producing cheese or grain in two different countries. Should the two countries cooperate, and how? Cheese Grain Poland 40 50 France 50 100
14.
Answer
15.