“Table 3” for the Economist Magazine article entitled: “Why trade is good for you”.

This is the “Table 3” which is missing on the Economist’s article entitled: Why trade is good for you.

 

Autarky

Production = Consumption

Trade

 

Specialization & Production

For Trade

Consumption After Trade

 

Bicycles

Wheat

Bicycles

Wheat

Bicycles

Wheat

EAST

100

200

80

240

102

207

WEST

50

50

75

25

53

58

Total

150

250

155

265

155

265

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