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Use the Following Information to Answer the Following Questions

Question 50

Multiple Choice

Use the following information to answer the following questions.
Use the following information to answer the following questions.    -Refer to Steaks. Based on the above information, Pure Water Country should: A)  specialize in the production of steak. B)  specialize in the production of beer. C)  produce both goods for its own consumption because Pure Water will be unwilling to trade because it produces both goods more efficiently. D)  produce some of both goods to trade because it produces both goods more efficiently than Pure Water.
-Refer to Steaks. Based on the above information, Pure Water Country should:


A) specialize in the production of steak.
B) specialize in the production of beer.
C) produce both goods for its own consumption because Pure Water will be unwilling to trade because it produces both goods more efficiently.
D) produce some of both goods to trade because it produces both goods more efficiently than Pure Water.

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