Multiple Choice
Use the figure below to answer the following questions.
Table 2.3.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers. 
-Refer to Table 2.3.1.Each country gains from trade if
A) they both produce the goods in which they have an absolute advantage.
B) Vulcan specializes in good X and Romulus specializes in good Y.
C) Vulcan specializes in both goods.
D) Romulus specializes in both goods.
E) Romulus specializes in good X and Vulcan specializes in good Y.
Correct Answer:
Verified
Correct Answer:
Verified
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