Multiple Choice
Daily Output of Scotland and Poland
Table 18.1
-Refer to Table 18.1.If Scotland produces and consumes 5 accordions and 40 bagpipes while Poland produces and consumes 25 bagpipes and 100 accordions,then we say that Poland and Scotland are
A) in autarky.
B) specializing and trading.
C) in limited trade.
D) fully utilizing the benefits of their comparative advantage.
Correct Answer:

Verified
Correct Answer:
Verified
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