Refer to the Following Table When Answering the Following Questions

question 74

Multiple Choice

Refer to the following table when answering the following questions.
Table 19.1: East and West Fish and Chip Production
-Consider Table 19.1. With free trade, the price of fish in terms of chips must be:

• A)2.
• B) some value between 1/2 and 1/3.
• C) some value between 2 and 3.
• D)3.
• E) Not enough information is given.

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