Refer to the following table when answering
Table 19.1: East and West Fish and Chip Production
-Consider Table 19.1. With free trade, the price of fish in terms of chips must be:
A) 2
B) some value between 1/2 and 1/3
C) some value between 2 and 3
D) 3
E) Not enough information is given.
Correct Answer:
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