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(Table: the Production Possibilities for Cars and Leather Boots) Look

Question 13

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    (Table: The Production Possibilities for Cars and Leather Boots) Look at the table The Production Possibilities for Cars and Leather Boots.Given the opportunity costs of production:  A.there is no basis for trade. B.Canada should specialize in boots. C.the United States should specialize in cars. D.the United States should specialize in both goods, and Canada should not produce either good.     (Table: The Production Possibilities for Cars and Leather Boots) Look at the table The Production Possibilities for Cars and Leather Boots.Given the opportunity costs of production:  A.there is no basis for trade. B.Canada should specialize in boots. C.the United States should specialize in cars. D.the United States should specialize in both goods, and Canada should not produce either good. (Table: The Production Possibilities for Cars and Leather Boots) Look at the table The Production Possibilities for Cars and Leather Boots.Given the opportunity costs of production:
A.there is no basis for trade.
B.Canada should specialize in boots.
C.the United States should specialize in cars.
D.the United States should specialize in both goods, and Canada should not produce either good.

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