-Based on the information above, if the two countries specialize and trade the U.S. will export _____ and Holland will export _____ .
A) scooters, scooters
B) scooters, picture frames
C) picture frames, scooters
D) picture frames, picture frames
E) scooters, nothing

Question

-Based on the information above, if the two countries specialize and trade the U.S. will export _____ and Holland will export _____ .
A) scooters, scooters 
B) scooters, picture frames 
C) picture frames, scooters 
D) picture frames, picture frames 
E) scooters, nothing

Quizplus · Accepted Answer

The U.S. will export picture frames and Holland will export scooters if they specialize based on their comparative advantages.

-Based on the Information Above, If the Two Countries Specialize