asked 190k views
0 votes
Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour. If the terms of trade are established as 1 apple for 4 oranges, then:

A. there are no incentives for Beta to engage in international specialization and trade with Alpha.B. it is in the interest of Beta to grow oranges and trade for apples.C. it is in the interest of both countries to specialize and trade with one another.D. there are no incentives for Alpha or Beta to specialize and trade with one another.

asked
User Vaultah
by
8.1k points

1 Answer

3 votes

Answer:

A. there are no incentives for Beta to engage in international specialization and trade with Alpha

Step-by-step explanation:

answered
User Orialys
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.