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(Figure: Home and Foreign Autarky Equilibria) According to the Graph

Question 116

Multiple Choice

(Figure: Home and Foreign Autarky Equilibria) According to the graph, which nation has a higher no-trade equilibrium relative price for computers (in terms of shoes) ? (Figure: Home and Foreign Autarky Equilibria) According to the graph, which nation has a higher no-trade equilibrium relative price for computers (in terms of shoes) ? A) Home B) Foreign C) Home and Foreign have the same no-trade equilibrium relative price. D) neither Home nor Foreign


A) Home
B) Foreign
C) Home and Foreign have the same no-trade equilibrium relative price.
D) neither Home nor Foreign

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