Multiple Choice
-Refer to the above table. Assuming constant opportunity costs
A) neither country will be willing to engage in trade at any rate of exchange of product A for product B.
B) both countries will be willing to engage in trade at a rate of exchange of 0.3 unit of product A for 1 unit of product B.
C) both countries will be willing to engage in trade at a rate of exchange of 3 units of product A for 1 unit of product B.
D) both countries will be willing to engage in trade at a rate of exchange of 1.5 unit of product A for 1 unit of product B.
Correct Answer:

Verified
Correct Answer:
Verified
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