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The Maximum Production Possible in Rome and in Cathay Are

Question 116

Multiple Choice

The maximum production possible in Rome and in Cathay are as follows:
The maximum production possible in Rome and in Cathay are as follows: -If each country specializes in the production of what it does best,what are the gains from trade? A) There are no gains. B) 20 bread. C) 20 figs. D) 10 bread and 10 figs.
-If each country specializes in the production of what it does best,what are the gains from trade?


A) There are no gains.
B) 20 bread.
C) 20 figs.
D) 10 bread and 10 figs.

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