Multiple Choice
If the U.S. exports machines and India exports cloth, which of the following statements would be incorrect?
A) India can consume more with trade.
B) The U.S. can consume more with trade.
C) World production of machines and cloth will rise.
D) India would be worse off because they would consume less.
E) None of the above
Correct Answer:

Answered by ExamLex AI
Correct Answer:
Answered by ExamLex AI
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