Multiple Choice
Use the following to answer question(s) : Production Possibilities in Alphaland and Omegaland
-(Exhibit: Production Possibilities in Alphaland and Omegaland) If the final terms of trade are 1 computer = 1 car, then:
A) each country's production possibilities curve will have a slope of -1 at the combination it chooses to produce.
B) Alphaland will produce more cars and Omegaland will produce more computers.
C) specialization is not complete.
D) Alphaland will benefit at the expense of Omegaland.
Correct Answer:
Verified
Correct Answer:
Verified
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