Multiple Choice
-Refer to Table 3-5. If Canada and Japan trade based on the principle of comparative advantage, at what price would the two countries trade?
A) at a price somewhere between the opportunity costs of the two countries
B) at a price exactly in the middle of the opportunity costs of the two countries
C) a price equal to Canada's opportunity cost
D) at a price equal to Japan's opportunity cost
Correct Answer:

Verified
Correct Answer:
Verified
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