SEU How Did the War Affect Germanys Production Possibilities Curve Paper

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The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.

Assignment Question(s):(Marks:30)

Q. 1. During the Second World War, Germany’s factories were decimated. It also suffered many human casualties, both soldiers and civilians. How did the war affect Germany’s production possibilities curve? [10 Marks]

Q. 2. What assumptions about the economy must be true for the invisible hand to work? To what extent are those assumptions valid in the real world? [10 Marks]

Q. 3. Are differences in geography behind the differences in absolute advantages? [10 Marks]

Answer: