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Given the Information, and Assuming Trade Occurs Between the Three

Question 97

Multiple Choice

  Given the information, and assuming trade occurs between the three states, we can expect A) that there is no means by which Michigan can obtain lettuce while specializing in the production of autos. B) that money will not be needed to accomplish the desired exchanges. C) money to flow counter-clockwise from Michigan to Texas to Washington. D) money to flow clockwise from Michigan to Washington to Texas. Given the information, and assuming trade occurs between the three states, we can expect


A) that there is no means by which Michigan can obtain lettuce while specializing in the production of autos.
B) that money will not be needed to accomplish the desired exchanges.
C) money to flow counter-clockwise from Michigan to Texas to Washington.
D) money to flow clockwise from Michigan to Washington to Texas.

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