Table 3-5 Assume That England and Spain Can Switch Between Producing Cheese

question 140

Multiple Choice

Table 3-5
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.

-Refer to Table 3-5.England should specialize in the production of

• A) cheese and Spain should specialize in the production of bread.
• B) bread and Spain should specialize in the production of cheese.
• C) both goods and Spain should specialize in the production of neither good.
• D) neither good and Spain should specialize in the production of both goods.