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Assume That the Two Nations Described Below Produce Only the Goods

Question 57

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Assume that the two nations described below produce only the goods listed. What will be the result of opening the door to free trade? Assume that the two nations described below produce only the goods listed. What will be the result of opening the door to free trade?   A) A will export both X and Z to B. B) A will import X and export Z. C) A will export X and import Z. D) A will import both X and Z. E) No trade will take place.


A) A will export both X and Z to B.
B) A will import X and export Z.
C) A will export X and import Z.
D) A will import both X and Z.
E) No trade will take place.

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