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Consider the Following Weekly Production Possibilities of Gloves and Hats

Question 64

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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 the possible range of terms of trade between Panama and Russia?
What is the possible range of terms of trade between Panama and Russia?

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The price of 1 glove needs to ...

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