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    Exam 18: Comparative Advantage and the Open Economy
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    -Use the Above Table
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-Use the Above Table

Question 93

Question 93

Multiple Choice

  -Use the above table. Assuming constant opportunity costs, the opportunity cost of producing a gallon of wine in Argentina is A) 0.33 pound of beef. B) 0.5 pound of beef. C) 2 pounds of beef. D) 3 pounds of beef.
-Use the above table. Assuming constant opportunity costs, the opportunity cost of producing a gallon of wine in Argentina is


A) 0.33 pound of beef.
B) 0.5 pound of beef.
C) 2 pounds of beef.
D) 3 pounds of beef.

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