QUESTION 3 One ofAustralia's highest food-related exports is beef, while New Zealand's is cheese. The two countries engage in trade and exchange goods. Which of the following statements is true? O By specialising, the two countries are reducing the total amount of goods available. 0 New Zealand has a lower opportunity cost in producing beef. Trading allows individuals to get their preferred mix of goods. O The two countries should not trade. 0 Australia's decision to specialise is not able to be related to comparative advantage