Consider the no-trade input/output situation presented in the following table and graph for countries A and
A)Country B should make all the textiles and trade with Country A for food.
B)Country A should make nothing but textiles and trade with Country B for food.
B) Assuming that free trade is legal; develop a scenario that will benefit the citizens of both countries.
C) Country B should make all the textiles and Country A should make all the food.
D) Country B should make nothing but textiles and trade with Country A for food.

Question

Consider the no-trade input/output situation presented in the following table and graph for countries A and
A)Country B should make all the textiles and trade with Country A for food. 
B)Country A should make nothing but textiles and trade with Country B for food. 
B) Assuming that free trade is legal; develop a scenario that will benefit the citizens of both countries. 
C) Country B should make all the textiles and Country A should make all the food. 
D) Country B should make nothing but textiles and trade with Country A for food.

Quizplus · Accepted Answer

The Answer of Consider the no-trade input/output situation presented in the following table and graph for countries A and
A)Country B should make all the textiles and trade with Country A for food. 
B)Country A should make nothing but textiles and trade with Country B for food. 
B) Assuming that free trade is legal; develop a scenario that will benefit the citizens of both countries. 
C) Country B should make all the textiles and Country A should make all the food. 
D) Country B should make nothing but textiles and trade with Country A for food.

Consider the No-Trade Input/output Situation Presented in the Following Table