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    ayuya's Avatar
    ayuya Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 6, 2005, 01:12 PM
    A question about international trade
    How to solve this problem?
    http://elearn.nccu.edu.tw/school/100...ontent/ps2.pdf
    I only can solve (I)
    How to answer (ii)and(iii)?
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    Dec 28, 2005, 04:38 AM
    Problem Solution (I)
    1) the coffee beans industry is relatively more labour intensive.

    It would appear from the data as given that the coffee beans industry is
    Twice as labour intensive than the diamonds industry.

    Just for interest sake.
    May I recommend a text book called INTERNATIONAL ECONOMICS
    By Kindelberger.

    I studied this text bask in the sixties when I was doing my Economics Degree.

    Roland.
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