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Scenario: Norway and Sweden Each Produce Cloudberries (CB) and Salted

Question 16

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Scenario: Norway and Sweden each produce cloudberries (CB) and salted cod (SC) . Their production possibilities curves for these two goods are shown below.
Scenario: Norway and Sweden each produce cloudberries (CB)  and salted cod (SC) . Their production possibilities curves for these two goods are shown below.     Production Possibilities: Norway and Sweden (thousands of kilos)      Opportunity Costs: Norway and Sweden    -Refer to the scenario above.________ has the comparative advantage in producing cloudberries,while ________ has the comparative advantage in producing salted cod. A)  Norway; Norway B)  Norway; Sweden C)  Sweden; Norway D)  Sweden; Sweden
Production Possibilities: Norway and Sweden (thousands of kilos)
Scenario: Norway and Sweden each produce cloudberries (CB)  and salted cod (SC) . Their production possibilities curves for these two goods are shown below.     Production Possibilities: Norway and Sweden (thousands of kilos)      Opportunity Costs: Norway and Sweden    -Refer to the scenario above.________ has the comparative advantage in producing cloudberries,while ________ has the comparative advantage in producing salted cod. A)  Norway; Norway B)  Norway; Sweden C)  Sweden; Norway D)  Sweden; Sweden
Opportunity Costs: Norway and Sweden
Scenario: Norway and Sweden each produce cloudberries (CB)  and salted cod (SC) . Their production possibilities curves for these two goods are shown below.     Production Possibilities: Norway and Sweden (thousands of kilos)      Opportunity Costs: Norway and Sweden    -Refer to the scenario above.________ has the comparative advantage in producing cloudberries,while ________ has the comparative advantage in producing salted cod. A)  Norway; Norway B)  Norway; Sweden C)  Sweden; Norway D)  Sweden; Sweden
-Refer to the scenario above.________ has the comparative advantage in producing cloudberries,while ________ has the comparative advantage in producing salted cod.


A) Norway; Norway
B) Norway; Sweden
C) Sweden; Norway
D) Sweden; Sweden

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