-Refer to Table 3-5

question 47

Multiple Choice

-Refer to Table 3-5. If Canada and Japan trade based on the principle of comparative advantage, at what price would the two countries trade?

• A) at a price somewhere between the opportunity costs of the two countries
• B) at a price exactly in the middle of the opportunity costs of the two countries
• C) a price equal to Canada's opportunity cost
• D) at a price equal to Japan's opportunity cost

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