The exhibits below describe the production possibilities for Germany and Turkey. 1. What is the slope of Germany’s production possibilities curve? 2. What is the slope of Turkey’s production...

1. What is the slope of Germany’s production possibilities curve?

2. What is the slope of Turkey’s production possibilities curve?

3. What is the opportunity cost of producing T-shirts in Germany?

4. What is the opportunity cost of producing T-shirts in Turkey?

5. What is the opportunity cost of producing optical instruments in Germany?

6. What is the opportunity cost of producing optical instruments in Turkey?

7. In which good does Germany have a comparative advantage?

8. In which good does Turkey have a comparative advantage?