MCQOPTIONS
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| 1. |
Under free trade, Canada would not realize any gains from trade with Sweden if Canada ? |
| A. | Trades at Canada’s marginal rate of transformation |
| B. | Trade at Sweden’s marginal rate of transformation |
| C. | Specializes completely in the production of its export good |
| D. | Specializes partially in the production of its exports goods |
| Answer» B. Trade at Sweden’s marginal rate of transformation | |