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Question 2 1 pts Suppose that the comparative-cost ratios of two products, mangoes and shrimp, are as follows in India and China: India: 1 mango

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Question 2 1 pts Suppose that the comparative-cost ratios of two products, mangoes and shrimp, are as follows in India and China: India: 1 mango = 2 bags of shrimp China: 1 mango = 4 bags of shrimp In this scenario, should specialize in mangoes and should specialize in shrimp. Would a trade of 2 mangoes = 3 bags of shrimp be acceptable to both nations? India; China; no India; China; yes China; India; no China; India; yes - Previous Next

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