Economics 9708 · AS & A Level · International trade and free trade

International trade and free trade — practice question

The table sets out the output levels that three countries are able to produce. What is the most likely result?

  • ACountry X will specialise in maize and country Y in tractors.
  • BCountry Y will specialise in maize and country Z in tractors.
  • CCountry Z will specialise in both maize and tractors.
  • DThere will be no gains from trade between the countries.

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