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    Exam 3: Interdependence and the Gains from Trade.
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    Table 3-11 Assume That Falda and Varick Can Switch Between Producing Wheat
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Table 3-11 Assume That Falda and Varick Can Switch Between Producing Wheat

Question 422

Question 422

Multiple Choice

Table 3-11
Assume that Falda and Varick can switch between producing wheat and producing cloth at a constant rate.
Table 3-11 Assume that Falda and Varick can switch between producing wheat and producing cloth at a constant rate.    -Refer to Table 3-11.Falda has an absolute advantage in the production of A)  wheat. B)  cloth. C)  both goods. D)  neither good.
-Refer to Table 3-11.Falda has an absolute advantage in the production of


A) wheat.
B) cloth.
C) both goods.
D) neither good.

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