Cost: Macro and Microeconomic Concepts in a Global Context
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|Deliverable Length:||1,000–1,200 words|
Due Date: 04/20/2014
Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil produces 100,000 units of clothing per year and 50,000 cans of soda. The United States produces 65,000 units of clothing per year and 250,000 cans of soda. Assume that costs remain constant.