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Information for questions 13 and 14 The figure below depicts the PPF, an isovalue line, and an indifference curve for a country that can produce

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Information for questions 13 and 14 The figure below depicts the PPF, an isovalue line, and an indifference curve for a country that can produce goods A and B and trade them in the international market. 600 PPF 330 450 480 QA 13. When there is international trade, what is the price of good A relative to good B (i.e. PA/Ps)? a. 0. 11. b. 0.80. C. 1.25. d. 9.00. 14. What are this country's imports and exports? a. Imports: 270 of good B. Exports: 30 of good A. b. Imports: 270 of good A. Exports: 30 of good B. C. Imports: 30 of good B, Exports: 270 of good A. d. Imports: 30 of good A, Exports: 270 of good B

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