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Two Countries,A and B,produce Good X

Question 231

Multiple Choice

Two countries,A and B,produce Good X.Which of the following statements is true of the trading price of Good X?


A) The trading price of Good X will be less than the opportunity cost of producing the good in both nations.
B) The trading price of Good X will be greater than the opportunity cost of producing the good in both nations.
C) The trading price of Good X will lie between the opportunity costs of producing the good in both nations.
D) The trading price of Good X will always be equal to the opportunity cost of producing the good in Country A.

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