Spain guns: 5 Spain butters: 10 Cuba guns: 20 Cuba betters: 20 According to the law of comparative advantage, Cuba should export ____ and import ____.
A.
butter; neither good
B.
butter; guns
C.
guns; cloth
D.
guns; neither good
Exam No:AP Macroeconomics Problem Set 1 Year:2024 Question No:APMacroeconomics2024AP0124
Answer:
D
Knowledge points:
6.3 The Foreign Exchange Market
Solution:
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