Multiple Choice
The table given below shows the units of land and labor required to produce a unit of bread and cheese respectively in country X. If country X is land-abundant, the opening up of free trade would result in:
A) a decline in the production of both bread and cheese in the country.
B) an increase in the production of bread but a decline in the production of cheese in the country.
C) an increase in the production of both bread and cheese in the country but production of bread will rise at a lesser pace than the production of cheese.
D) a decline in the production of bread but an increase in the production of cheese in the country.
Correct Answer:

Verified
Correct Answer:
Verified
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