Let's assume producers in Canada can make 200 units of beef or 50 units of oranges, and U.S. producers can make 50 units of beef or 200 units of oranges per time period. Therefore
A) U.S. producers have a comparative advantage in oranges.
B) Canadian producers have a comparative advantage in beef.
C) both countries could gain through specialization and exchange.
D) all of the above are true.
E) none of the above is true.
D
Economics
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