Order the answer to: Consider the following Classical labor requirements: (a) Why is there a

Paper help business-economics Order the answer to: Consider the following Classical labor requirements: (a) Why is there a

business-economics

Order the answer to: Consider the following Classical labor requirements: (a) Why is there a

Question (a) Why is there a basis for trade?
(b) With trade, Italy should export ____ and Switzerland should export ____ because ____ .
(c) The international terms of trade must lie between ____ and ____ .
(d) If the wage rate in Italy is ?¬4/hr, the wage rate in Switzerland is 3.5 francs/hr, and the is 1 franc/?¬1, what are the commodity terms of trade?
Subject business-economics
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