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Table 3-5 Assume That England and Spain Can Switch Between Producing Cheese

Question 163

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Table 3-5
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.
Table 3-5 Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.    -Refer to Table 3-5.England should export A)  cheese and import bread. B)  bread and import cheese. C)  both goods and import neither good. D)  neither good and import both goods.
-Refer to Table 3-5.England should export


A) cheese and import bread.
B) bread and import cheese.
C) both goods and import neither good.
D) neither good and import both goods.

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