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Peregrinus Peregrinus
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6 years ago
Nation X can produce with one unit of resource either 8 units of food or 4 units of cloth. Nation Y can produce with one unit of resource either 3 units of food or 2 units of cloth. If Nation X and Y freely trade goods, and if these are the only two goods they consume, Nation X will produce ________ food and will produce ________ cloth.
A) more; less
B) more; more
C) less; more
D) less; less
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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Peregrinus Author
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6 years ago
this is exactly what I needed
54321abs
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Yesterday
Smart ... Thanks!
mikeh209
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2 hours ago
Correct Slight Smile TY
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