Exhibit 34-1 
Refer to Exhibit 34-1. The opportunity cost of one unit of Y in country A is
A) 1 unit of X.
B) 0.75 units of X.
C) 2 units of X.
D) 10 units of X.
Correct Answer:
Verified
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Q3: One of the arguments in favor of
Q8: Two major exports for the United States
Q9: Comparative advantage is the ability to produce
Q11: Which of the following is a major
Q11: Tariffs raise the price of imported goods,but
Q13: Major U.S.exports include automobiles and aircraft.
Q14: Consumers receive more consumers' surplus when tariffs
Q17: When countries engage in specialization and international
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