Country Y has 15 thousand acres of land and 45 thousand laborers, whereas the Rest of the World has 100 thousand acres of land and 200 thousand laborers. These countries produce a labor-intensive good A, and a land-intensive good B. When trade opens up between these countries, it can be inferred that country Y will:
A) export both goods.
B) export good B, and import good A.
C) export good A, and import good B.
D) import both goods.
Correct Answer:
Verified
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