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Use the Following to Answer Question(s): Production Possibilities Schedule for Two

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Use the following to answer question(s) : Production Possibilities Schedule for Two Commodities
Use the following to answer question(s) : Production Possibilities Schedule for Two Commodities    -(Exhibit: Production Possibilities Schedule for Two Commodities)  Assuming constant costs in the neighborhood of their current levels of production, the exhibit shows the number of units of commodity X each country would have to forgo to produce the additional units of commodity Y indicated.Further assume that the only input is labor and that it remains fully employed.If there were unrestricted trade and specialization according to the law of comparative advantage: A)  the United States would export X and import Y. B)  Canada would export X. C)  the United States would import both X and Y. D)  Canada would import both X and Y.
-(Exhibit: Production Possibilities Schedule for Two Commodities) Assuming constant costs in the neighborhood of their current levels of production, the exhibit shows the number of units of commodity X each country would have to forgo to produce the additional units of commodity Y indicated.Further assume that the only input is labor and that it remains fully employed.If there were unrestricted trade and specialization according to the law of comparative advantage:


A) the United States would export X and import Y.
B) Canada would export X.
C) the United States would import both X and Y.
D) Canada would import both X and Y.

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