Table 3-4 -According to Table 3-4, If England and Spain Do Not

Multiple Choice

Table 3-4
$\begin{array}{|l|c|c|c|c|}\hline&\text { Labour hours needed to make one unit of: }&&\text { Amount Produced in } 40 \text { hours: }\\\hline & \text { Cheese } & \text { Bread } & \text { Cheese } & \text { Bread } \\\hline \text { England } & 3 & 2 & 13.3 & 20 \\\hline \text { Spain } & 1 & 5 & 40 & 8 \\\hline\end{array}$
-According to Table 3-4, if England and Spain do not trade:

A) they will both be better off
B) they will miss out on the opportunity to expand their production possibilities frontier
C) they will consume inside their production possibilities frontier
D) they will have absolute advantage over each other in the production of both goods