Oceania Buys $40 of Wine from Escudia and Escudia Buys

question 435

Multiple Choice

Oceania buys $40 of wine from Escudia and Escudia buys $100 of wool from Oceania. Supposing this is the only trade that these countries do. What are the net exports of Oceania and Escudia in that order?

• A)$140 and $140
• B)$100 and $40
• C)$60 and -$60
• D)None of the above is correct.

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An ancient Greek philosopher and polymath, a student of Plato and teacher of Alexander the Great, who made significant contributions to numerous areas of philosophy and science.

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Aristotle

An ancient Greek philosopher and polymath, whose extensive works laid the foundation for much of Western philosophy, science, and ethics.