Price of horseradish to croplands domestic price

Reference no: EM13691057

By comparing the world price of horseradish to Cropland’s domestic price of horseradish, we can determine whether Cropland

a) Will export horseradish (assuming trade is allowed).

b) Will import horseradish (assuming trade is allowed).

c) Has a comparative advantage in producing horseradish.

d) All of the above are correct.

Reference no: EM13691057

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