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  3. Study Set
    International Economics Study Set 10
  4. Exam
    Exam 2: Trade and Technology: the Ricardian Model
  5. Question
    Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption)
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Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption)

Question 3

Question 3

Multiple Choice

Figure: Upperia's Production and Consumption Figure: Upperia's Production and Consumption   (Figure: Upperia's Production and Consumption)  The graph shows Upperia's international trading pattern.Point P is production with trade, And point C is consumption with trade.Which product does Home Import? A) shoes B) shirts C) Home imports neither shirts nor shoes. D) Home imports both shirts and shoes. (Figure: Upperia's Production and Consumption) The graph shows
Upperia's international trading pattern.Point P is production with trade,
And point C is consumption with trade.Which product does Home
Import?


A) shoes
B) shirts
C) Home imports neither shirts nor shoes.
D) Home imports both shirts and shoes.

Correct Answer:

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