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.
Correct Answer:
Verified
Q10: A country has an absolute advantage in
Q12: Which of the following has NOT contributed
Q13: If the United States can produce 50
Q14: When nations specialize according to their comparative
Q16: Which of these sectors is the largest
Q17: One country has a comparative advantage in
Q18: In 2012,the largest sector as a fraction
Q19: In 2012,the largest sector as a fraction
Q20: International trade accounts for what percentage of
Q40: According to international trade theory
A) every country
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