Multiple Choice
Exhibit 33-9

-Refer to Exhibit 33-9. In the no specialization-no trade case, suppose country X produces and consumes 100 units of good A and 20 units of good B. Country Y produces and consumes 20 units of good A and 60 units of good B. If the two countries specialize and trade, and the actual amounts traded are 125 units of good A for 25 units of good B, how many more units of good B will country Y consume by specializing and trading?
A) 75
B) 5
C) 15
D) 10
E) 50
Correct Answer:
Verified
Related Questions
Q135: Exhibit 33-9 Q136: Exhibit 33-12 Q137: Exhibit 33-10 Q138: Exhibit 33-11
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