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Y Country 1 Country 2 Y E A B D C D X X Which point represents autarky consumption for country 1? O Point A

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Y Country 1 Country 2 Y E A B D C D X X Which point represents autarky consumption for country 1? O Point A O Point B O Point C O Point D O Point EWhich point represents autarky consumption for country 2? O Point A O Point B O Point C O Point D O Point EWhich points represent exports for country 2? O A to E O A to B O D to C O C to EUsing the gure above, which country has the comparative advantage in good Y? 0 Country 1 has the comparative advantage in good Y 0 Country 2 has the comparative advantage in good Y 0 Both countries have a comparative advantage in good Y 0 Neither country has a comparative advantage in good Y Which points represent exports for country 1? O A to B O A to C O B to E O C to DWhich points represent the gains from trade for country 1? O A to D O C to B O C to D O D to E

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