Multiple Choice
Figure 3-8
-Refer to Figure 3-8.If Chile and Colombia switch from each country dividing its time equally between the production of coffee and soybeans to each country spending all of its time producing the good in which it has a comparative advantage,then total production of soybeans will increase by
A) 3 pounds.
B) 6 pounds.
C) 9 pounds.
D) 12 pounds.
Correct Answer:
Verified
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