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    Principles of Economics Study Set 2
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    Exam 3: Interdependence and the Gains From Trade
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    It Takes Barbara Three Hours to Make a Pie and Four
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It Takes Barbara Three Hours to Make a Pie and Four

Question 55

Question 55

True/False

It takes Barbara three hours to make a pie and four hours to make a shirt. It takes Gary two hours to make a pie and five hours to make a shirt. Barbara should specialise in making pies and Gary should specialise in making shirts. Then they should trade.

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