Refer to the graph shown. Suppose Country X exports agricultural goods to Country Y in exchange for industrial goods. This pattern of trade increases consumption in both countries only if:
A) X and Y share production possibility curve A.
B) X's production possibility curve is B and Y's is A.
C) X's production possibility curve is A and Y's is B.
D) X and Y share production possibility curve B.

Question

Refer to the graph shown.  Suppose Country X exports agricultural goods to Country Y in exchange for industrial goods. This pattern of trade increases consumption in both countries only if:
A) X and Y share production possibility curve A. 
B) X's production possibility curve is B and Y's is A. 
C) X's production possibility curve is A and Y's is B. 
D) X and Y share production possibility curve B.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown.  Suppose Country X exports agricultural goods to Country Y in exchange for industrial goods. This pattern of trade increases consumption in both countries only if:
A) X and Y share production possibility curve A. 
B) X's production possibility curve is B and Y's is A. 
C) X's production possibility curve is A and Y's is B. 
D) X and Y share production possibility curve B.

Refer to the Graph Shown