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

International trade and free trade — practice question

The table presents the production possibilities for cloth and food in four countries when all resources are fully used. If the world exchange rate is 1 unit of food for 6 units of cloth, which country is V most likely to trade with?

  • AX and Y
  • BX only
  • CY and Z
  • DZ only

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