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Question 106

Multiple Choice

  -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.
-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:

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