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Hi, I'm wondering for the question below, I'm thinking it's uncertain because we do not know the opportunity cost of import/export. Would it be true?
Hi, I'm wondering for the question below, I'm thinking it's "uncertain" because we do not know the opportunity cost of import/export. Would it be true? Also what are some other factors that impact the decision? Thank you!
Australia's second biggest import is mineral fuels, including petrol. Given the importance of petroleum products in Australiawe should not be importing these products, but instead producing them ourselves. True/False/Uncertain
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