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    Exam 8: International Trade
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    Britain Must Give Up the Production of 75 Hats to Produce
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Britain Must Give Up the Production of 75 Hats to Produce

Question 176

Question 176

Multiple Choice

Britain must give up the production of 75 hats to produce 25 additional sweaters.The opportunity cost of producing 3 hats is _____ sweater(s) .


A) 1
B) 3
C) 22
D) 28

Correct Answer:

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