Analyze how do you think this would affect the ratio


Problem

Return to the example in the text of the two countries that produce random amounts of kiwi fruit and can trade claims on that fruit. Suppose the two countries also produce raspberries that spoil if shipped between countries and therefore are non-tradable. How do you think this would affect the ratio of international asset trade to GNP for Home and Foreign?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Analyze how do you think this would affect the ratio
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