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Choose the correct answers MINI 2 Exhibit 34-1 Refer to Exhibit 34-1 _ The opportunity cost of one unit oi Y in the United States

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Choose the correct answers

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MINI 2 Exhibit 34-1 Refer to Exhibit 34-1 _ The opportunity cost of one unit oi Y in the United States is 2/3 X. 0.75X. 2X. 4X. (linden 3 Exhibit 34-1 Uli'lied States France Good X Good Y Good X Good Y Refer to Exhibit 34-1. If the United States is to specialize in the production of one of the two goods {and then trade that good to France}, which good should it be and why? If France is to specialize in the production of one of the two goods (and then node that good to the United States}, which good should it be and why? Good X for the United States because the United States is the higher opportunity cost producer of good X; good Y for France because France is the higher opportunity cost producer of good Y. Good Y for the United States because the United States is the lower opportunity cost producer of good Y; good X for France because France is the lower opportunity cost producer of good X. Good X for the United States because the United States is the lower opportunity cost producer of good X; good Y tor France because France is the lower opportunity cost producer of good Y. Good Y for the United States because the United States is the higher opportunity cost producer of good Y; good X for France because France is the higher opportunity cost producer of good X

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