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    Microeconomics Study Set 45
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    Exam 26: International Trade
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    Assume That by Devoting All Its Resources to the Production
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Assume That by Devoting All Its Resources to the Production

Question 69

Question 69

True/False

Assume that by devoting all its resources to the production of X, nation Alpha can produce 40 units of X. By devoting all its resources to Y, Alpha can produce 60Y. Comparable figures for nation Beta are 60X and 40Y. Therefore, Alpha should specialize in Y and Beta in X.

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