Suppose That the Productivity Per Worker in the Good X

question 126

Short Answer

Suppose that the productivity per worker in the Good X and Good Y industries of Country A and Country B are as follows:
In order for there to be no gains from trade,what would the Country B productivity per worker in the Good X industry need to be?

---

Definitions:

Benefit

Part of an employee’s compensation in addition to wages and salaries.

Competitive Advantage

The attribute that allows an organization to outperform its competition, achieved through offering higher value to consumers or producing goods or services at a lower cost.

Relative

An item or factor considered in relation or in proportion to something else.

Not Absolute

Suggesting that something is subject to change or can be viewed in different ways, not fixed or definite.