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  3. Study Set
    International Economics Study Set 11
  4. Exam
    Exam 3: The Classical World of David Ricardo and Comparative Advantage
  5. Question
    In Question #27 Above, Suppose That the Country, When It
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In Question #27 Above, Suppose That the Country, When It

Question 3

Question 3

Multiple Choice

In Question #27 above, suppose that the country, when it is opened to trade, did not Change its production combination from the production combination at point M. In this Situation, how many units of its import good could the country obtain if it exported all of The export good that it produced?


A) 240 units
B) 350 units
C) 500 units
D) 800 units

Correct Answer:

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