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The Tables Give Production Possibilities Data for Two Countries, Alpha

Question 216

Multiple Choice

The tables give production possibilities data for two countries, Alpha and Beta, which have populations of equal size. The tables give production possibilities data for two countries, Alpha and Beta, which have populations of equal size. Suppose that before specialization and trade, Alpha chose production alternative C and Beta chose production alternative B. After specialization and trade, the gains will be A) 20 tons of fish. B) 20 tons of chips. C) 20 tons of fish and 20 tons of chips. D) 240 tons of fish and 20 tons of chips. Suppose that before specialization and trade, Alpha chose production alternative C and Beta chose production alternative B. After specialization and trade, the gains will be


A) 20 tons of fish.
B) 20 tons of chips.
C) 20 tons of fish and 20 tons of chips.
D) 240 tons of fish and 20 tons of chips.

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