Unformatted text preview: (exporter / seller) b. UK: 3000 / 12 = 250 calculators: (importer / buyer) 3. Which country (US or UK) should be a net exporter of COMPUTERS? US 4. Indicate if the following terms of trade are acceptable (A) or unacceptable (U) to US and UK. US (indicate A or U) UK (indicate A or U) 1 computer = 180 calculators U A 1 calculator = 0.0038 computers A U 1 computer = 260 calculators A U 1 calculator = 0.0055 computers U A...
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- Spring '08
- International Trade, Slide rule