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Figure 1.1 -Suppose That Points a and B in Figure 1.1 Represent

Question 77

Multiple Choice
Figure 1.1
 
-Suppose that points A and B in Figure 1.1 represent pre-trade positions. If each country specializes according to comparative advantage, what are the potential gains to trade?

Figure 1.1
Figure 1.1    -Suppose that points A and B in Figure 1.1 represent pre-trade positions. If each country specializes according to comparative advantage, what are the potential gains to trade? A)  6 cars B)  6 cars and 6 units of food C)  6 units of food D)  4 units of food E)  12 cars
-Suppose that points A and B in Figure 1.1 represent pre-trade positions. If each country specializes according to comparative advantage, what are the potential gains to trade?


A) 6 cars
B) 6 cars and 6 units of food
C) 6 units of food
D) 4 units of food
E) 12 cars

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