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

International trade and free trade — practice question

The table sets out each worker’s annual production in three countries. Because there are no trade barriers and no transport costs, and specialisation is based on opportunity cost, which country will export each product?

  • ASouthland: rice; Westland: yams; Eastland: wheat
  • BSouthland: wheat; Westland: rice; Eastland: yams
  • CSouthland: yams; Westland: rice; Eastland: wheat
  • DSouthland: yams; Westland: wheat; Eastland: rice

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