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alexandr1967 [171]
3 years ago
9

Suppose Canada produces only smartphones and tablets. The resources that are used in the production of these two goods are not s

pecialized—that is, the same set of resources is equally useful in producing both tablets and smartphones.
The shape of Canada’s production possibilities frontier (PPF) should reflect the fact that as Canada produces more tablets and fewer smartphones, the opportunity cost of producing each additional tablet ____? (decrease, increase, constant)
Business
1 answer:
Aleksandr [31]3 years ago
6 0
I think the opportunity cost would be increased.

It's stated that the resources to make the two products are not specialized. 
This mean that if they use that resource to make more tablets, they will have less resource to produce smartphones. 

hope this helps
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Group of answer choices.

A. German tourists traveling abroad.

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D. Canadian investors with money investments in Germany.

Answer:

B. American tourists traveling in France.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.

For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.

However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.

Note: Euro is the official currency (legal tender or money) of Germany.

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