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Xenonia and Baltonia Are Two Neighboring Countries

Question 59

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Xenonia and Baltonia are two neighboring countries.Xenonia can either produce 300 pounds of rice or 100 bushels of corn in a year,while Baltonia can either produce 500 pounds of rice or 200 bushels of corn in a year.Can mutually profitable trade take place between the two countries? Explain your answer.

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In Xenonia,the opportunity cost of produ...

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