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2. Introductory Economic Models
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Problem 3
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Problem 9
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Problem 11
Problem 12
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Problem 15
2. Introductory Economic Models
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2. Introductory Economic Models / PPF - Comparative Advantage and Trade / Problem 11
Problem 11
If Country B has a lower opportunity cost in producing textiles compared to Country A, what should Country B do to maximize its economic benefit?
A
Import textiles from Country A
B
Produce and export textiles
C
Produce and export all goods
D
Stop producing textiles
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