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3. Country A can produce one Outfit in 7 hours and one unit of Corn in 2 hours. Country B can produce one Outfit in 16 h
Posted: Sun Jul 03, 2022 1:05 pm
by answerhappygod
- 3 Country A Can Produce One Outfit In 7 Hours And One Unit Of Corn In 2 Hours Country B Can Produce One Outfit In 16 H 1 (96.47 KiB) Viewed 11 times
3. Country A can produce one Outfit in 7 hours and one unit of Corn in 2 hours. Country B can produce one Outfit in 16 hours and one unit of Corn in 3 hours. If specialization according to the principle of comparative advantage were to occur, we should expect a. country A to specialize in Corn and to export Outfits. b. country A to specialize in Outfits and to import Corn. c. country B to specialize in Outfits and to import Corn. d. country B to specialize in Corn and to import Corn. e. country B to specialize in Outfits and to export Corn.