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Table 3-37 Assume That Aruba and Iceland Can Switch Between Producing Coolers

Question 416

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Table 3-37
Assume that Aruba and Iceland can switch between producing coolers and producing radios at a constant rate. 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.
-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.

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