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Suppose in an hour, 10kg of rice and 5 meters of cloth are produced in India whereas in Thailand it is 5kg of rice and

Suppose in an hour, 10kg of rice and 5 meters of cloth are produced in India whereas in Thailand it is 5kg of rice and 2 meters of cloth. If the countries are offered the opportunity to trade with one another at a relative price of rice to cloth equal to 1/2, then trade will benefit?

Select one:

Thailand only.

Neither India nor Thailand.

Both India and Thailand.

India only.

Impossible to determine from the information.

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