Multiple Choice
Table: An Economy Before and After Trade
The top part of the table gives manufacturing and
Agricultural prices, production, resource utilization, and
Resource payments in autarky (a notrade situation) .The
Bottom part of the table provides (some of) the same
Information after trade occurs.
(Table: An Economy Before and After Trade) What is the
Return to land after trade occurs?
A) $5.00 per acre
B) $2.50 per acre
C) $150.00 per acre
D) $22.00 per acre
Correct Answer:

Verified
Correct Answer:
Verified
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