Consider two countries that produce beer and whiskey. If completely specializing, country A can produce either 500 kegs of beer or 1500 bottles of whiskey at maximum, while country B can produce either 1200 kegs of beer or 800 bottles of whiskey at maximum. Currently there are no trade between the two countries. Country A consumes 300 kegs of beer and 600 bottles of whiskey. Country B consumes 600 kegs of beer and 400 bottles of whiskey. Suppose that trade occurs. Each country completely specializes and 500 kegs of beer are traded for 500 bottles of whiskey. What is the international price of beer? None of the other answers 3 bottles of whiskey =1 keg of beer 1 bottle of whiskey =3 kegs of beer 1 bottle of whiskey =1 keg of beer 2/3 bottle of whiskey =1 keg of beer