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Table 3-4 -Refer to Table 3-4

Question 29

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Table 3-4
 Labour hours needed to make one unit of:  Amount Produced in 40 hours:  Cheese  Bread  Cheese  Bread  England 3213.320 Spain 15408\begin{array}{|l|c|c|c|c|}\hline&\text { Labour hours needed to make one unit of: }&&\text { Amount Produced in } 40 \text { hours: }\\\hline & \text { Cheese } & \text { Bread } & \text { Cheese } & \text { Bread } \\\hline \text { England } & 3 & 2 & 13.3 & 20 \\\hline \text { Spain } & 1 & 5 & 40 & 8 \\\hline\end{array}
-Refer to Table 3-4.If England imports cheese from Spain, who will benefit and who will lose?


A) the producers of bread will lose and the consumers of cheese will benefit
B) the producers of cheese will lose and the consumers of bread will benefit
C) the producers of bread will lose and the consumers of bread will benefit
D) the producers of cheese will lose and the consumers of cheese will benefit

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