(Solution) - A German worker takes 400 hours to produce a car -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes 600 hours to produce a car and X hours to produce a case of wine.
a. For what values of X will gains from trade be possible? Explain.
b. For what values of X will Germany export cars and import wine? Explain.