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    Macroeconomics Principles Applications
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    Exam 18: International Trade and Public Policy
  5. Question
    Table 18.1 Daily Output of Russia and Panama
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Table 18.1 Daily Output of Russia and Panama

Question 104

Question 104

Multiple Choice

Table 18.1
Daily Output of Russia and Panama
Table 18.1 Daily Output of Russia and Panama    -Refer to Table 18.1. The opportunity cost of a glove in Russia is A)  1/8 of a hat. B)  1/3 of a hat. C)  3 hats. D)  8 hats.
-Refer to Table 18.1. The opportunity cost of a glove in Russia is


A) 1/8 of a hat.
B) 1/3 of a hat.
C) 3 hats.
D) 8 hats.

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