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Suppose in Belgium, the opportunity cost of producing a trombone is 8 clarinets. In Denmark, the opp

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Suppose in Belgium, the opportunity cost of producing a trombone is 8 clarinets. In Denmark, the opp

Suppose in Belgium, the opportunity cost of producing a trombone is 8 clarinets. In Denmark, the opportunity cost of producing a trombone is 6 clarinets.
a.    What is the opportunity cost of producing a clarinet for Belgium?
b.    What is the opportunity cost of producing a clarinet for Denmark?
c.    Which country has a comparative advantage in the production of clarinets?
d.    Which country has a comparative advantage in the production of trombones?

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Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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