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Table 3-6 -Refer to Table 3-6. If England and Spain Trade Based

Question 151

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Table 3-6
Table 3-6    -Refer to Table 3-6. If England and Spain trade based on the principle of comparative advantage, which product will England export to Spain? A) Cheese B) Bread C) both cheese and bread D) England cannot benefit from trade with Spain.
-Refer to Table 3-6. If England and Spain trade based on the principle of comparative advantage, which product will England export to Spain?


A) Cheese
B) Bread
C) both cheese and bread
D) England cannot benefit from trade with Spain.

Correct Answer:

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