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Exhibit 34-1 Refer to Exhibit 34-1

Question 7

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Exhibit 34-1 Exhibit 34-1 Refer to Exhibit 34-1. Considering the data, which of the following terms of trade would both countries agree to? A) 1 unit of X for 2 units of Y B) 1 unit of X for 3 units of Y C) 1 unit of X for 1 unit of Y D) 1 unit of X for 1.50 units of Y Refer to Exhibit 34-1. Considering the data, which of the following terms of trade would both countries agree to?


A) 1 unit of X for 2 units of Y
B) 1 unit of X for 3 units of Y
C) 1 unit of X for 1 unit of Y
D) 1 unit of X for 1.50 units of Y

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