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The Following Production Possibilities Schedule Shows the Quantities of Soybeans

Question 98

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The following production possibilities schedule shows the quantities of soybeans and oil that can each be produced in Canada and Mexico with one unit of equivalent resources. The following production possibilities schedule shows the quantities of soybeans and oil that can each be produced in Canada and Mexico with one unit of equivalent resources.   TABLE 32-3 Refer to Table 32-3.Canada has an absolute advantage in the production of A) soybeans. B) oil. C) neither soybeans nor oil. D) both soybeans and oil. TABLE 32-3 Refer to Table 32-3.Canada has an absolute advantage in the production of


A) soybeans.
B) oil.
C) neither soybeans nor oil.
D) both soybeans and oil.

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