Calculation of autarky equilibrium

Reference no: EM1317264

Suppose England has 6 workers and the following technology for producing cloth and wine:

To produce this much cloth	Requires this much labor	Allowing this much wine
0	0	6
1	3	3
2	4	2
3	5	1
4	6	0

a. Describe autarky equilibrium if all the English always consume equal quantities of wine and cloth.

b. Describe autarky equilibrium if Portugal always consumes equal quantities of wine and cloth.

Reference no: EM1317264

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