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Which country should produce wheat and why

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Reference no: EM13326949

Supposed the USA and Canada are considering to trade. Assume there are only two goods in the economy; wheat and corn.  USA 4 (units of wheat), 2 (units of corn); Canada 5 (units of wheat), 8 (units of corn). In this case, which country should produce wheat? and why?

Reference no: EM13326949

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