Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption)

question 156

Multiple Choice

Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption) The graph shows
Upperia's international trading pattern.Point P is production with trade,
And point C is consumption with trade.What is the international price of
Shoes (shirts/pair of shoes) ?

• A)125/80 shirts per unit of pair of shoes
• B)4/3 shirts per unit of pair of shoes
• C)5/4 shirts per unit of pair of shoes
• D)3/4 shirt per unit of pair of shoes

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