Home » QUESTION 2 Consider the following scenario: Country A Country B Soybeans 3 12 Textiles 6 8 Suppose that wa=\$1000 and e=1 {e is the exchange rate).

# QUESTION 2 Consider the following scenario: Country A Country B Soybeans 3 12 Textiles 6 8 Suppose that wa=\$1000 and e=1 {e is the exchange rate).

Hi I need help with this two problems

A. \$4000

B. \$250

C. \$750

D. 1333.3

A.\$1500

B. \$2666

C. \$4000

D. \$8000

QUESTION 2 Consider the following scenario: Country A Country B Soybeans 3 12 Textiles 6 8 Suppose that wa=\$1000 and e=1 {e is the exchange rate). What is the maximum level of wb (expressed in \$) such that these 2 countries trade according to Comparative Advantage? V ‘ QUESTION 3 Consider the following scenario: Country A Country B Soybeans 3 12 Textiles 6 8 Suppose that wb=Peso 1000 and e22 (e is the exchange rate). What is the maximum level ofwa (expressed in if) such that these 2 countries trade according to Comparative Advantage? v

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