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Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption)

Question 156

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Figure: Upperia's Production and Consumption 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 (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

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