Use the following to answer questions:
Figure: PPF Nickel & Textiles
-(Figure: PPF Nickel & Textiles) Refer to the figure. How many tons of textiles does Australia give up to produce one ton of nickel?
A) 1/3
B) 1/2
C) 2
D) 3
Correct Answer:
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Q41: Use the following to answer questions:
Figure: PPF
Q42: According to the theory of comparative advantage,
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Q46: The theory of comparative advantage is:
A) rarely
Q47: Use the following to answer questions:
Figure: PPF
Q48: Comparative advantage is determined by which of
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