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Question 15

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Figure: Gadgets and Widgets Use the following to answer questions Figure: Gadgets and Widgets   -(Figure: Gadgets and Widgets) According to the graph,which of the following statements is CORRECT? A)  Total output would rise if Country A specialized in gadgets and Country B in widgets. B)  Total output would rise if Country B specialized in gadgets and Country A in widgets. C)  There are no gains from trade. D)  Total output would fall if Country B specialized in gadgets and Country A in widgets.
-(Figure: Gadgets and Widgets) According to the graph,which of the following statements is CORRECT?


A) Total output would rise if Country A specialized in gadgets and Country B in widgets.
B) Total output would rise if Country B specialized in gadgets and Country A in widgets.
C) There are no gains from trade.
D) Total output would fall if Country B specialized in gadgets and Country A in widgets.

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