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The Table Given Below Represents Butter and Ham Production by Two

Question 53

Multiple Choice

The table given below represents butter and ham production by two countries Norway and Sweden.Table 2.5
The table given below represents butter and ham production by two countries Norway and Sweden.Table 2.5    -According to Table 2.5, Norway has a comparative advantage in the production of _____ and an absolute advantage in the production of _____. A) butter and ham; butter B) ham; butter C) none of the goods; butter D) ham; none of the goods E) butter; ham
-According to Table 2.5, Norway has a comparative advantage in the production of _____ and an absolute advantage in the production of _____.


A) butter and ham; butter
B) ham; butter
C) none of the goods; butter
D) ham; none of the goods
E) butter; ham

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