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    Principles of Microeconomics
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    Exam 3: Interdependence and the Gains from Trade.
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    Figure 3-8 -Refer to Figure 3-8.Chile and Colombia Would Not Be Able
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Figure 3-8 -Refer to Figure 3-8.Chile and Colombia Would Not Be Able

Question 86

Question 86

Multiple Choice

Figure 3-8
Figure 3-8    -Refer to Figure 3-8.Chile and Colombia would not be able to gain from trade if Colombia's opportunity cost of one pound of soybeans changed to A)  1/2 pound of coffee. B)  3/4 pound of coffee. C)  4/3 pounds of coffee. D)  2 pounds of coffee.
-Refer to Figure 3-8.Chile and Colombia would not be able to gain from trade if Colombia's opportunity cost of one pound of soybeans changed to


A) 1/2 pound of coffee.
B) 3/4 pound of coffee.
C) 4/3 pounds of coffee.
D) 2 pounds of coffee.

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