(Figure: Home and Foreign Autarky Equilibria) According to the graph, which nation has a higher no-trade equilibrium relative price for computers (in terms of shoes)?
A) Home
B) Foreign
C) Home and Foreign have the same no-trade equilibrium relative price.
D) neither Home nor Foreign

Question

(Figure: Home and Foreign Autarky Equilibria) According to the graph, which nation has a higher no-trade equilibrium relative price for computers (in terms of shoes)? 
A) Home 
B) Foreign 
C) Home and Foreign have the same no-trade equilibrium relative price. 
D) neither Home nor Foreign

Quizplus · Accepted Answer

The Answer of (Figure: Home and Foreign Autarky Equilibria) According to the graph, which nation has a higher no-trade equilibrium relative price for computers (in terms of shoes)? 
A) Home 
B) Foreign 
C) Home and Foreign have the same no-trade equilibrium relative price. 
D) neither Home nor Foreign

(Figure: Home and Foreign Autarky Equilibria) According to the Graph