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In Question #11 Above, Suppose That One-Half Day of Labor

Question 25

Multiple Choice

In Question #11 above, suppose that one-half day of labor must be used to transport a Good internationally, no matter which good is considered and which country is doing the Exporting. With this addition of transportation costs, England will export good(s) __________ and will import good(s) __________.


A) A; B, C, D, and E
B) A and D; B, C, and E
C) A; B, C, and E
D) A; B and C

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