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Strategies for Global Value Added: Gains Comparative advantage - page 12 / 30

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12

Comparative advantage and gains from trade

France imports 54 sweaters. France can shift 9 units of labor to bicycles because 54/6 = 9

Then France can produce 108 more bicycles since 12 x 9 = 108

France’s net gain in bicycles:

108 - 72 = 36

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