Multiple Choice
Table 3-37
Assume that Aruba and Iceland can switch between producing coolers and producing radios at a constant rate.
-Refer to Table 3-37. Iceland should export
A) coolers and import radios.
B) radios and import coolers.
C) both goods and import neither good.
D) neither good and import both goods.
Correct Answer:

Verified
Correct Answer:
Verified
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