Exhibit 19-2
In Exhibit 19-2, the opportunity cost of 1 ton of rice in Costa Rica is
A) 0
B) 10 t-shirts
C) 20 t-shirts
D) 30 t-shirts
E) 40 t-shirts
Correct Answer:
Verified
Q45: Absolute advantage
A)is the same as comparative advantage
B)implies
Q46: A country should export only those goods
Q47: World output will be maximized if each
Q48: The rate at which two countries trade
Q49: International trade does all the following except
A)allow
Q51: Comparative advantage is determined by
A)the amount of
Q52: Which of the following is not true
Q53: Which of the following factors is the
Q54: Which of the following is true?
A)International trade
Q55: Exhibit 19-2
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