Multiple Choice
If nation A can produce 5 units of good X or 10 units of good Y and nation B can produce 4 units of good X or 12 units of good Y we can conclude that both nations would gain from trade if nation A sold _____ units of good _____ for one unit of good _____
A) 0.4; Y; X
B) 2.5; Y; X
C) 2.5; X; Y
D) 0.4; X; Y
Correct Answer:
Verified
Correct Answer:
Verified
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