=+1. In the United States, the opportunity cost of 1 ton of corn is 50 bicycles. In

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=+1. In the United States, the opportunity cost of 1 ton of corn is 50 bicycles. In China, the opportunity cost of 1 bicycle is 0.01 ton of corn.

a. Determine the pattern of comparative advantage.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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