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Consider the Following Weekly Production Possibilities of Gloves and Hats

Question 57

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Consider the following weekly production possibilities of gloves and hats in Panama and Russia:
Consider the following weekly production possibilities of gloves and hats in Panama and Russia: What is each country's opportunity cost of producing gloves and hats? If the countries could, should they trade?
What is each country's opportunity cost of producing gloves and hats? If the countries could, should they trade?

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Russia's opportunity cost of a glove is ...

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