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In a Ricardian Model, suppose that the United States can produce 1 unit of wheat in 3 days of labor time and 1 unit of clothing in 4 days of labor time

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In a Ricardian Model, suppose that the United States can produce 1 unit of wheat in 3 days of labor time and 1 unit of clothing in 4 days of labor time.

a. What is the autarky price ratio in the US?

b. If the world price ratio (terms of trade) is 1 wheat : 1 clothing, which good will the United States export and which will it import? Why?

c. Suppose that the world price ratio is 1 wheat : 0.5 clothing. Which good will the US export and which will it import? Why?