Country 1

Team Name:

The following tables represent the production possibilities for your country. Examine the possibilities.

  1. On your own, without trade, how much would you like to produce in your country?
  2. If you were able to trade. What would your production decision be like?
  3. Talk to the broker and provide a production decision with trade.
  4. How much are you willing to trade?
  5. What is your final after trade allocation? What is your level of happiness \(\sqrt(Food*Cloth)\)