155 SCENARIO: HOME'S WILLINGNESS TO TRADE WHEAT FOR CLOTH Home has a comparative advantage in wheat, and Foreign has a comparative advantage in cloth. Once trade occurs, Home produces 1,500 bushels of wheat, and Foreign produces 1,000 yards of cloth. The table supplied gives the amount of wheat that Home is willing to trade to acquire more cloth. Home's Wheat Exports Foreign's Cloth Exports 400 bushels 200 yards 650 bushels 350 yards 850 bushels 500 yards 1,000 bushels 600 yards 1,100 bushels 650 yards 1,150 bushels 700 yards 1,175 bushels 800 yards 800 bushels 200 yards 900 bushels 100 yards Reference: Ref 2-13 (Scenario: Home's Willingness to Trade Wheat for Cloth) If the international price of cloth is 1.5 bushels of wheat per yard, how many bushels of wheat will Home export to Foreign? . 1,150 bushels (True Answer Correct) . 1,100 bushels (Incorrect) . 850 bushels (Incorrect) . 650 bushels (Incorrect)