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Question: exercise3 consider the following two countries with the number of...

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Exercise3 Consider the following two countries with the number of planes and trains produced in one month. Train Planes USA 4 Canada Which country has absolute advantage in producing planes? Which country has comparative advantage in producing planes? When they decide to trade, explain the pattern of trade. What should be the price in the international market for both countries to be better off? a. b. c.
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