A) $A D _ { 1 } \text { would shift to } A D _ { 2 } \text {. }$

question 54

Multiple Choice

• A) \(A D _ { 1 } \text { would shift to } A D _ { 2 } \text {. }\)
• B) \(A D _ { 1 } \text { would shift to } A D _ { 3 } \text {. }\)
• C) \(A D _ { 1 } \text { would shift to } A D _ { 4 } \text {. }\)
• D) \(\mathrm { AS } _ { 2 } \text { would shift to } \mathrm { AS } _ { 1 } \text {. }\)

Calculate opportunity costs and identify comparative advantages from given data.

Understand the conditions under which countries can benefit from trade.

Interpret economic data tables to assess the outcomes of different trade scenarios.

Explain the economic rationale behind exporting and importing goods.

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