The following question are based on the following diagrams:
-If the countries should trade,which chemical/steel price ratio will most likely prevail?
A) 1 ton of chemicals/0.33 ton of steel
B) 1 ton of chemicals/0.40 ton of steel
C) 1 ton of chemicals/0.50 ton of steel
D) 1 ton of chemicals/0.55 ton of steel
E) 1 ton of chemicals/1 ton of steel
Correct Answer:
Verified
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