Table 3-3
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.
-Refer to Table 3-3.Zimbabwe and Portugal would not be able to gain from trade if Zimbabwe's opportunity cost of one toothbrush changed to
A) 0 coolers.
B) 5/6 cooler.
C) 6/5 coolers.
D) Zimbabwe and Portugal can always gain from trade regardless of their opportunity costs.
Correct Answer:
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