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With One Hour of Labor Time Nation a Can Produce

Question 22

Multiple Choice

With one hour of labor time nation A can produce either 3X or 3Y,while nation B can produce either 1X or 3Y (and labor is the only input) .If 3X is exchanged for 3Y:


A) nation A gains 2X
B) nation B gains 6Y
C) nation A gains 3Y
D) nation B gains 3Y

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