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,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, .- Asemiconductor is a key component in your laptop, cell phone, and iPod. The table provides information about the market for semiconductors in Canada.

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.- Asemiconductor is a key component in your laptop, cell phone, and iPod. The table provides information about the market for semiconductors in Canada. Price Quantity Quantity (dollars demanded supplied Producers of semiconductors can get $18 a unit on the world market. pgr um) (bllllons of units per year) With no international trade, what is the price of a semiconductor and how many semiconductors are bought 1: :3 2% and sold in Canada? Does Canada have a comparative advantage in the production of semiconductors? 1: 1: :8 With no international trade, the price of a semiconductor is 18 5 80 $ 12 and 20 billion semiconductors a year are bought and sold in Canada. 20 0 100 Canada does have a comparative advantage in producing semiconductors. Enter your answer in each of the answer boxes

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