Answer the next question on the basis of the following production possibilities data for two countries, Alpha and Beta, which have populations of equal size.

-Suppose that before specialization and trade Alpha chose production alternative C and Beta chose production alternative B. After specialization and trade the gains will be:

Question

Answer the next question on the basis of the following production possibilities data for two countries, Alpha and Beta, which have populations of equal size.
  
-Suppose that before specialization and trade Alpha chose production alternative C and Beta chose production alternative B. After specialization and trade the gains will be:

Quizplus · Accepted Answer

Specialization and trade allow countries to produce more efficiently based on their comparative advantage, leading to an increase in the total output of goods. In this scenario, the gain is 20 tons of fish.

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