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Table: The Production Possibilities for Electric Cars and Designer Boots) Use Table: The Production Possibilities for Electric Cars and Designer Boots. Given the opportunity costs
Table: The Production Possibilities for Electric Cars and Designer Boots) Use Table: The Production Possibilities for Electric Cars and Designer Boots. Given the opportunity costs of production: Table: The Production Possibilities for Electric Cars and Designer Boots Country Electric Cars Designer Boots (thousands of pairs) United States 80 40 China 60 30 Question 10 options: a) the United States should specialize in both goods, and China should not produce either good. b) the United States should specialize in electric cars. c) there is no basis for trade. d) China should specialize in designer boots
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