Washington can grow 1 grape or 26 apple bushels per acre and California can grow 20 of either.
Before trade Wash grows 1 grape and 26 apples for every two acres.
Before trade Cal grows 20 grapes and 20 apples for every two acres.
Now with trade Wash grows 52 apples per two acres and sends 25 to Cal.
20 grapes, which gives a trade gain of ___ apples and ___ grapes.
Washington can grow 1 grape or 26 apple bushels per acre and California can grow 20...
QUESTION CONTEXT: Kenya's flying vegetables (and flowers) GlobalPost September 07, 2009 · 1:26 PM UTC By Katrina Manson LONDON — Kenya's exports of 450,000 tons of vegetables, fruit and flowers to Britain and European markets have become the East African country's fastest growing economic sector. “Kenyan horticulture will bring in $1.3 billion this year. It’s come from nowhere in 20 years and receives absolutely no subsidy of any kind and yet it’s bigger already than banking, tourism and even telecommunication,”...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...
10. Write a one-page summary of the attached paper? INTRODUCTION Many problems can develop in activated sludge operation that adversely affect effluent quality with origins in the engineering, hydraulic and microbiological components of the process. The real "heart" of the activated sludge system is the development and maintenance of a mixed microbial culture (activated sludge) that treats wastewater and which can be managed. One definition of a wastewater treatment plant operator is a "bug farmer", one who controls the aeration...