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Canada Produces Both Lumber and Wine

Question 2

Multiple Choice

Canada produces both lumber and wine.Canada exports lumber and imports wine.The rest of the world imports Canadian lumber and exports wine to Canada.Canada has a comparative advantage in producing ________.The rest of the world has a comparative advantage in producing ________.


A) lumber;wine
B) wine;lumber
C) wine;wine
D) lumber;lumber
E) lumber and wine;lumber and wine

Correct Answer:

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