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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 170

Question 170

Multiple Choice

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


A) 2 gallons of wine.
B) 3 gallons of wine.
C) 0.5 gallons of wine.
D) 0.33 gallons of wine.

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