Multiple Choice
Use the figure below to answer the following questions.
Table 2.3.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers.
-Refer to Table 2.3.1.Each country gains from trade if
A) Romulus specializes in both goods.
B) Vulcan specializes in both goods.
C) they both produce the goods in which they have an absolute advantage.
D) Vulcan specializes in good X and Romulus specializes in good Y.
E) Romulus specializes in good X and Vulcan specializes in good Y.
Correct Answer:

Verified
Correct Answer:
Verified
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