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If the US Opportunity Cost of Producing Apples Is Lower Than That

Question 26

Multiple Choice

If the U.S. opportunity cost of producing apples is lower than that of Canada:


A) the United States has a disadvantage in apple production
B) the United States has a comparative advantage in apple production
C) Canada has a comparative advantage in apple production
D) neither country can be discerned to possess a comparative advantage in apple production
E) somebody better erect tariffs fast

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