Answer the question(s) below based on the information in the following table
Country
(numbers indicate hours of labor per unit of output)
-Refer to the table above.If each country were to reduce production of its comparative disadvantage good by 1 unit,world output of wine would rise by
A) 1.5 units.
B) 2 units.
C) 3 units.
D) 3.5 units.
Correct Answer:
Verified
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Q12: Mercantilism
A)is the philosophy of free international trade.
B)was
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