Q
Under free trade, Canada would not realize any gains from trade with Sweden if Canada ?
-
A
A. Trades at canada’s marginal rate of transformation
-
B
B. Trade at sweden’s marginal rate of transformation
-
C
C. Specializes completely in the production of its export good
-
D
D. Specializes partially in the production of its exports goods
Correct Answer:
A. A. Trades at canada’s marginal rate of transformation
