The production possibility curve indicates island J’s capacity to produce fish and fruit. It specialises completely in fish, where it has a comparative advantage, and exchanges fish for fruit with island K. Consequently, island J raises its consumption from 80 tonnes of fish and 60 tonnes of fruit, point X, to 100 tonnes of fish and 100 tonnes of fruit, point Y. What was island J’s exchange rate of fish for fruit?
- A1 tonne of fish for 2 1/2 tonne of fruit
- B1 tonne of fish for 4/3 tonne of fruit
- C1 tonne of fish for 1 tonne of fruit
- D1 tonne of fish for 2 tonnes of fruit