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The US and France are potential trading partners U.S. France (P)paper 24 4 (S)Shoes 8 4 the numbers in the boxes represent the amount of

The US and France are potential trading partners

U.S. France

(P)paper 24 4

(S)Shoes 8 4

the numbers in the boxes represent the amount of output per hour of labor

If wages in France are 12.00 per hour, note that represents Euros,

What is the price of shoes in France?

A) 3

B) 12

C) 48

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