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Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium)

Question 31

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  Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium)  According to the table on Production Possibilities for Italy and Belgium, Italy and Belgium both could benefit if Italy were to specialize in: A)  neither good, and Belgium were to specialize in both goods. B)  both goods, and Belgium were to specialize in neither good. C)  pasta, and Belgium were to specialize in linen. D)  linen, and Belgium were to specialize in pasta. Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, Italy and Belgium both could benefit if Italy were to specialize in:


A) neither good, and Belgium were to specialize in both goods.
B) both goods, and Belgium were to specialize in neither good.
C) pasta, and Belgium were to specialize in linen.
D) linen, and Belgium were to specialize in pasta.

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