The figure to the right shows a country in pretrade equilibrium at point X. Suppose this country is abundant in the factor that is used intensively in the production of coal Suppose the country begins to trade. Which of the following statements describes the production changes that will occur inside this country? OA. Coal output rises and sugar output falls. OB. The output of both goods rises. C. The output of both goods declines OD. Sugar output rises and coal output falls. Click to select your answer 10 Sugar Os and Ds Coal Oc & De
The figure to the right shows a country in pretrade equilibrium at point X. Suppose this country is abundant in the factor that is used intensively in the production of coal Suppose the country begins to trade. Which of the following statements describes the production changes that will occur inside this country? OA. Coal output rises and sugar output falls. OB. The output of both goods rises. C. The output of both goods declines OD. Sugar output rises and coal output falls. Click to select your answer 10 Sugar Os and Ds Coal Oc & De
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter33: International Trade
Section: Chapter Questions
Problem 30P: In Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10...
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Question
![The figure to the right shows a country in pretrade equilibrium at point X. Suppose
this country is abundant in the factor that is used intensively in the production of
coal.
Suppose the country begins to trade. Which of the following statements describes
the production changes that will occur inside this country?
OA. Coal output rises and sugar output falls
OB. The output of both goods rises.
OC. The output of both goods declines.
OD. Sugar output rises and coal output falls.
Click to select your answer
10
Sugar Os and Ds
Coal Qc & Dc
10
G](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa749f7c9-ea1f-490c-b5bd-7c34f48437e0%2Fa0675a35-332b-4fab-8b89-db3155b9ee89%2Fmffq7v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The figure to the right shows a country in pretrade equilibrium at point X. Suppose
this country is abundant in the factor that is used intensively in the production of
coal.
Suppose the country begins to trade. Which of the following statements describes
the production changes that will occur inside this country?
OA. Coal output rises and sugar output falls
OB. The output of both goods rises.
OC. The output of both goods declines.
OD. Sugar output rises and coal output falls.
Click to select your answer
10
Sugar Os and Ds
Coal Qc & Dc
10
G
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