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

International trade and free trade — practice question

The table sets out the possible combinations of apples and bananas that Country X and Country Y can produce, on the assumption that only these two goods are made and that all resources are being used to their fullest extent. Country Y chooses to specialise in producing the good for which it has a comparative advantage. Country X chooses to allocate 75% of its resources to the good for which it has a comparative advantage and 25% of its resources to the other good. What will be the total output?

  • Aapples 50; bananas 80
  • Bapples 75; bananas 45
  • Capples 75; bananas 60
  • Dapples 150; bananas 120

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