Multiple Choice
Refer to the following table when answering the following questions.
Table 19.1: East and West Fish and Chip Production
-Consider Table 19.1. In autarky, the price of fish in terms of chips is ________ in the West, and in the East the price is ________; therefore, the West has a comparative advantage in ________.
A) 2; 3; fish
B) 3; 2; chips
C) 2; 3; chips
D) 1/2; 1/3; fish
E) Not enough information is given.
Correct Answer:

Verified
Correct Answer:
Verified
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