Multiple Choice
Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption) The graph shows
Upperia's international trading pattern.Point P is production with trade,
And point C is consumption with trade.What is the international price of
Shoes (shirts/pair of shoes) ?
A) 125/80 shirts per unit of pair of shoes
B) 4/3 shirts per unit of pair of shoes
C) 5/4 shirts per unit of pair of shoes
D) 3/4 shirt per unit of pair of shoes
Correct Answer:

Verified
Correct Answer:
Verified
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