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    Exam 2: The Power of Trade and Comparative
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    In Spain It Takes 10 Workers to Produce One Barrel
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In Spain It Takes 10 Workers to Produce One Barrel

Question 139

Question 139

True/False

In Spain it takes 10 workers to produce one barrel of wine and four workers to produce one yard of cloth. Thus, the opportunity cost of producing one barrel of wine is 2.5 yards of cloth.

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