1. Before the ban, how many grapes did Z produce? 2. Before the… Image transcription textTo defend sovereignty, the new president of 2 has banned all forms of trade. Before the ban, 2 was trading withthe rest of the world grapes and watermelons. After the ban, all grapes and watermelons consumption has tobe produced in Z. An economist graphs the PPF, the indifference curves, and the price lines to as… Show more… Show more1. Before the ban, how many grapes did Z produce?2. Before the ban, how many watermelons did Z produce?3. Was Z an exporter or importer of grapes? 4. Which was the relative price at which X traded watermelons and grapes? (to get full credit in this question you need to show your calculations)Business Economics ECON 0500
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