Ask Question
BusinessBusiness
27 May, 06:01

At which of the following prices, if any, can India and Indonesia both gain from trade? a. 1/5 units of bananas per unit of rice. b. 1/3 units of bananas per unit of rice. c. 3/5 units of bananas per unit of rice. d. None of the above.

+2
Answers (1)
  1. 27 May, 08:45
    0
    The correct answer is c. 3/5 units of bananas per unit of rice.

    Explanation:

    Bananas are mainly produced in Africa and Latin America, while other types of bananas are grown in Africa and Asia. Latin America is the first region in terms of Cavendish production, followed by Asia. Most of the other bananas for dessert are grown in Latin America and Asia. The world's leading producer of Cavendish bananas is India, followed by Ecuador, China, Colombia and Costa Rica. These 5 countries together represent more than half of Cavendish's world production.

    The international banana trade is mainly based on the export of Cavendish bananas. Cavendish replaced Gros Michel in international trade due to its resistance to Panama's disease and its higher productivity (up to 60 tons per hectare in modern plantations). Cavendish bananas destined for export markets are produced all over the world today, both in small farms and in large plantations of thousands of hectares.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “At which of the following prices, if any, can India and Indonesia both gain from trade? a. 1/5 units of bananas per unit of rice. b. 1/3 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local differences in five different foreign markets, the component of the product component model that is most likely to be
Answers (1)
Operations Management Question All other things remaining the same, if the sales revenue increases, asset turnover ratio will a. there is no way to tell for sure b. increase c. decrease d. stay the same e. may increase or decrease
Answers (1)
How would your life be different if the us economu was not based on the economic principles expressed in the bill of rights, the Declaration of Independence, and the constitution
Answers (1)
Which of the following is a non programmed decision?
Answers (1)
Type the correct answer in the box. Spell all words correctly. Helena works at a paper mill. She has just blocked a proposal from a consultant that would involve cutting down a few additional acres of forest.
Answers (1)
New Questions in Business
A project that provides annual cash flows of $24,000 for 9 years costs $110,000 today. Under the IRR decision rule, is this a good project if the required return is 8 percent?
Answers (1)
Which of the following groups has the responsibility for identifying and deciding the appropriate accounting treatment for recording or disclosing contingent liabilities? A) Auditors B) Legal counsel C) Management D) Management and the auditors
Answers (1)
The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the costs associated with producing gasoline, and automobiles are becoming more fuel efficient.
Answers (1)
The inaccuracy of the grapevine has more to do with the message output than with the input. a. True b. False
Answers (2)
What was the overall effectiveness of your chosen clean-up methods? estimate how much of the spill you were able to clean using the physical method and using the chemical method.
Answers (1)
Home » Business » At which of the following prices, if any, can India and Indonesia both gain from trade? a. 1/5 units of bananas per unit of rice. b. 1/3 units of bananas per unit of rice. c. 3/5 units of bananas per unit of rice. d. None of the above.
Sign Up Forgot Password?