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arpylzr75 arpylzr75
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2 months ago

If countries 1 and 2 produce only two goods, A and B, and they have the same opportunity cost for the production of good A (and thus good B), then



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each country will specialize in the production of one good and engage in trade.



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neither country will specialize in the production of a good, but both will engage in trade.



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one country will specialize in the production of a good, and both will engage in trade.



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neither country will specialize in the production of a good, and there will be no incentive for trade.

Textbook 
Economics

Economics


Edition: 12th
Author:
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chandlerdeanechandlerdeane
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neither country will specialize in the production of a good, and there will be no incentive for trade.
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arpylzr75 Author
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2 months ago
Thank you, thank you, thank you!
deathwing
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Yesterday
Thanks for your help!!
Cdfields
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2 hours ago
Smart ... Thanks!
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