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The Table Below Shows Units of Wheat and Cloth Produced

question 55

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The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1
The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1    -Refer to Table 20.1. Assume that the U.S. has only two workers and can produce and trade 2 units of wheat for a unit of clothing. What would be the gains from trade for the U.S. if it is producing according to its comparative advantage? A) 2 units of clothing B) 2.5 units of clothing C) 1.5 units of clothing D) 3 units of clothing E) 1 units of clothing
-Refer to Table 20.1. Assume that the U.S. has only two workers and can produce and trade 2 units of wheat for a unit of clothing. What would be the gains from trade for the U.S. if it is producing according to its comparative advantage?


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