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If There Are Only Two Nations, One Nation's Exports Are

Question 55

Multiple Choice

  If there are only two nations, one nation's exports are the Other's imports; which of the following is identical for both Nations? A) only the equilibrium relative price of the first nation's exports B) only the opportunity cost of the first nation's exports C) neither the equilibrium relative price nor the opportunity cost of the first nation's exports D) both the equilibrium relative price and the opportunity cost of the first nation's exports If there are only two nations, one nation's exports are the
Other's imports; which of the following is identical for both
Nations?


A) only the equilibrium relative price of the first nation's exports
B) only the opportunity cost of the first nation's exports
C) neither the equilibrium relative price nor the opportunity cost of the first nation's exports
D) both the equilibrium relative price and the opportunity cost of the first nation's exports

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