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The following table shows kilograms of wheat and metres of cloth that Canada and the United Kingdom can produce with one hour of labour time. Canada...
The following table shows kilograms of wheat and metres of cloth that Canada and the United Kingdom can produce with one hour of labour time.
Canada UK
wheat 4 1
Cloth 3 2
a. Suppose that Canada exchanges 4W for 4C with the United Kingdom
i..How much does Canada gain in terms of cloth?