International trade

Economics

How the answer of below question came ? Page no 9.12 question no 7 Video Details ------------- Business Economics Theories of International Trade #9. Illustrations 3 - 4

Bharavi Kothari

CA Foundation

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15-Jun-24 12:26

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Best Answer

X takes 10 hr to produce 1 unit of wheat and Y takes 10 hrs to produce 1 unit of rice If X produces rice it will consume 20 hours for 1 unit of rice - so advantage of producing what over rice is 10 hours is it not

Sriram Somayajula

Admin

17-Jun-24 10:41