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    Joe Has an Absolute Advantage in Producing Goods X and Y
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Joe Has an Absolute Advantage in Producing Goods X and Y

Question 67

Question 67

Multiple Choice

Joe has an absolute advantage in producing goods X and Y compared to Ted.Moreover,they have the same opportunity costs.One can predict that the gains from coordinating production and specialization is


A) zero.
B) small.
C) large.
D) negative.
E) indeterminatE.

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