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rbowen87 rbowen87
wrote...
Posts: 112
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2 months ago

Exhibit 34-9

Country X

Country Y

Good A

Good B

Good A

Good B

300

0

60

0

200

10

40

30

100

20

20

60

0

30

0

90


Refer to Exhibit 34-9. In the no specialization-no trade case, suppose country X produces and consumes 100 units of good A and 20 units of good B. Country Y produces and consumes 20 units of good A and 60 units of good B. If the two countries specialize and trade, and the actual amounts traded are 125 units of good A for 25 units of good B, how many more units of good B will country Y consume by specializing and trading?



75



5



15



10



50

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 44 times
1 Reply
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Answer verified by a subject expert
kamarie3kamarie3
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2 months ago
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