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(Figure: Home Production and Consumption) the Figure Gives Home's International

Question 60

Multiple Choice

(Figure: Home Production and Consumption) The figure gives Home's international trading pattern. Point P is production with trade and point C is consumption with trade. How many units of which product does Home export and how many units of which product does it import? (Figure: Home Production and Consumption)  The figure gives Home's international trading pattern. Point <i>P</i> is production with trade and point C is consumption with trade. How many units of which product does Home export and how many units of which product does it import?   A)  Home exports 60 units of chemicals and imports 20 units of clothing. B)  Home exports 40 units of chemicals and imports 60 units of clothing. C)  Home exports 40 units of clothing and imports 20 units of chemicals. D)  Home exports 20 units of chemicals and imports 40 units of clothing.


A) Home exports 60 units of chemicals and imports 20 units of clothing.
B) Home exports 40 units of chemicals and imports 60 units of clothing.
C) Home exports 40 units of clothing and imports 20 units of chemicals.
D) Home exports 20 units of chemicals and imports 40 units of clothing.

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