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    Principles of Macroeconomics Study Set 3
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    Exam 3: Interdependence and the Gains From Trade
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    Table 3-6 -Refer to Table 3-6. If England and Spain Trade Based
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Table 3-6 -Refer to Table 3-6. If England and Spain Trade Based

Question 45

Question 45

Multiple Choice

Table 3-6
Table 3-6    -Refer to Table 3-6. If England and Spain trade based on the principle of comparative advantage, which product will Spain export to England? A) Bread B) both bread and cheese C) Cheese D) Spain cannot benefit from trade with England.
-Refer to Table 3-6. If England and Spain trade based on the principle of comparative advantage, which product will Spain export to England?


A) Bread
B) both bread and cheese
C) Cheese
D) Spain cannot benefit from trade with England.

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