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Canada Is Said to Have an Absolute Advantage Vis-à-Vis the U.S

Question 152

Multiple Choice

Canada is said to have an absolute advantage vis-à-vis the U.S. in the production of cod because it can produce cod


A) in larger quantities
B) while the U.S. can't
C) at a lower opportunity cost
D) with fewer resources
E) at a higher opportunity cost

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