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

Question 46

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. What is the international price of chemicals according to the figure? (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. What is the international price of chemicals according to the figure?   A)  1/2 unit of clothing per unit of chemicals B)  one unit of clothing per unit of chemicals C)  two units of clothing per unit of chemicals D)  three units of clothing per unit of chemicals


A) 1/2 unit of clothing per unit of chemicals
B) one unit of clothing per unit of chemicals
C) two units of clothing per unit of chemicals
D) three units of clothing per unit of chemicals

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