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The Table Above Shows United States and United Kingdom Production

Question 2

Multiple Choice

  The table above shows United States and United Kingdom production of wheat (bushels per hour) and cloth (yards per hour) . In order for both countries to gain from trade,one bushel of wheat must trade for A) between 6 and 18 yards of cloth. B) between 1/2 and 2 yards of cloth. C) between 1/3 and 3 yards of cloth. D) between 1/2 and 1/3 yards of cloth.
The table above shows United States and United Kingdom production of wheat (bushels per hour) and cloth (yards per hour) .
In order for both countries to gain from trade,one bushel of wheat must trade for


A) between 6 and 18 yards of cloth.
B) between 1/2 and 2 yards of cloth.
C) between 1/3 and 3 yards of cloth.
D) between 1/2 and 1/3 yards of cloth.

Correct Answer:

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