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(Figure: Home Equilibrium with No Trade) Suppose That Trade Occurs

Question 96

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(Figure: Home Equilibrium with No Trade) Suppose that trade occurs and Home finds its comparative advantage in the production of wheat. How many bushels of wheat will it produce? (Figure: Home Equilibrium with No Trade)  Suppose that trade occurs and Home finds its comparative advantage in the production of wheat. How many bushels of wheat will it produce?   A)  0 bushels B)  50 bushels C)  100 bushels D)  between 50 and 100 bushels


A) 0 bushels
B) 50 bushels
C) 100 bushels
D) between 50 and 100 bushels

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