
-Refer to above table to answer this question.Supposing that there are 200 workers each in Rings and Potter.If,originally,half the workers were employed in each industry,what would be the gains from trade if the countries completely specialized in the products in which they have a comparative advantage?
A) +200 broomsticks;-100 swords.
B) +200 broomsticks;+100 swords.
C) +500 broomsticks;+100 swords.
D) +700 broomsticks;+700 swords.
Correct Answer:
Verified
Q101: Q102: Q103: Q104: Q105: All the following,except one,are forms of protectionism.Which Q107: Table 13.14 shows the output of kumquats Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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