586EconomicsMedium
Under free trade, Canada would not realize any gains from trade with Sweden if Canada?
ATrades at Canada’s marginal rate of transformation
BTrade at Sweden’s marginal rate of transformation
CSpecializes partially in the production of its exports goods
DSpecializes completely in the production of its export good
Correct answer
A. Trades at Canada’s marginal rate of transformation
Explanation
The correct answer is Trades at Canada’s marginal rate of transformation.