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    sim0nz12345's Avatar
    sim0nz12345 Posts: 77, Reputation: 2
    Junior Member
    		  
    #1

    Mar 27, 2009, 03:15 AM
    How to work out the minimum terms of trade
    Hi everyone, I know that the terms of trade are is the price of exports relative to the price of imports.

    But how would I determine the minimum terms of trade in the following scenario:

    The United States (US) produces - 6 IPods (numbers per man hour)
    - 5/4 Leather case (numbers per man hour)
    Australia (AUS) produces - 1 IPod (numbers per man hour)
    - 2 Leather case (numbers per man hour)
    Each country has 100 labour hours at disposal

    Question: What are the minimum terms of trade that each country would be willing to accept?

    Any help would be appreciated!
    Note* If I'm posting in wrong section please tell them.
    jeremy69's Avatar
    jeremy69 Posts: 1, Reputation: 1
    New Member
    		  
    #2

    Mar 27, 2009, 04:23 AM

    Ok I have a bad work history that what I been toll is there a truck driver jobs that will hireing me with a bad work history? I love driver truck it my life I love it I looking for a job driver truck over the road all 48 state is there some 1 or truck driver job out there or anywhere will hireing me with a bad work history ?
    sim0nz12345's Avatar
    sim0nz12345 Posts: 77, Reputation: 2
    Junior Member
    		  
    #3

    Mar 27, 2009, 04:29 AM

    Why are you posting this on my question. Start a new one you spammer.
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