Foundations of Modern Trade Theory Mcqs

Q.  Under free trade, Canada would not realize any gains from trade with Sweden if Canada ?

a. Trades at Canada’s marginal rate of transformation
b. Trade at Sweden’s marginal rate of transformation
c. Specializes completely in the production of its export good
d. Specializes partially in the production of its exports goods


ANSWER: See Answer
 
No explanation is available for this question!
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