Which country will export steel and which will export corn

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1. Review the arguments both pro and con on NAFTA. What is the empirical evidence so far?

2. Given the resources available to them, countries A and B can produce the following combinations of steel and corn:

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a. Do you expect trade to take place between countries A and B? Why?

b. Which country will export steel? Which will export corn? Explain.

Reference no: EM131277744

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