-The figure above shows the production possibilities frontiers for the United Kingdom and France.If the United Kingdom and France specialize and engage in trade,the United Kingdom will export ________ and France will export ________.
A) wheat; wheat
B) wheat; fish
C) fish; wheat
D) fish; fish
E) nothing; nothing

Question

-The figure above shows the production possibilities frontiers for the United Kingdom and France.If the United Kingdom and France specialize and engage in trade,the United Kingdom will export ________ and France will export ________.
A) wheat; wheat 
B) wheat; fish 
C) fish; wheat 
D) fish; fish 
E) nothing; nothing

Quizplus · Accepted Answer

The United Kingdom will export fish because it has a comparative advantage in fish production, and France will export wheat because it has a comparative advantage in wheat production. Comparative advantage is determined by which country can produce a good at a lower opportunity cost, not necessarily at a higher volume.

-The Figure Above Shows the Production Possibilities Frontiers for the United