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In the Following Partially-Completed Table Showing Country I's Demand for Import

Question 28

Multiple Choice

In the following partially-completed table showing country I's demand for import good Y and supply of export good X at various terms of trade,
 TOT  Y demanded  supplied 4Y:1X400Y100X3Y:1Xv120X2Y:1X300Yw\begin{array} { c c c } \text { TOT } & \text { Y demanded } & \text { supplied } \\& & \\\hline4 \mathrm { Y } : 1 \mathrm { X } & 400 \mathrm { Y } & 100 \mathrm { X } \\3 \mathrm { Y } : 1 \mathrm { X } & \mathrm { v } & 120 \mathrm { X } \\2 \mathrm { Y } : 1 \mathrm { X } & 300 \mathrm { Y } & \mathrm { w }\end{array}


A) v = 40Y; w = 600X
B) v = 360Y; w = 150X
C) v = 350Y; w = 140X
D) v = 360Y; w = 140X

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