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Free Trade and Trade Protection (id: 0734290cb)

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admin 发表于 2024-7-27 17:08:33 | 显示全部楼层 |阅读模式
本题目来源于试卷: Free Trade and Trade Protection,类别为 IB经济学

[单选题]

The above diagrams show the production possibility frontiers (PPFs) of Country A and Country B. Both countries use the same amount of resources to produce CDs and wine.

Which of the following statements are true?

A. Country A has a comparative advantage in the production of both goods.
B. Country B has a comparative advantage in the production of both goods
C. Country A has a comparative advantage in wine, and Country B has a comparative advantage in CDs.
D. Country A has a comparative advantage in CDs, and Country B has a comparative advantage in wine.


参考答案:  C


本题详细解析:
C

Key idea:
A country has a comparative advantage in the production of a good if it produces that good at a lower opportunity cost (OC) than another country. It means it has to sacrifice fewer units of the other commodity than the other country.

Explanation:

 OC = Goods sacrificedGoods obtained

 OC of wine in country A= 5050 =1

 OC of wine in country B =30 15= 2

 OC of CDs in country A =5050 =1

 OC of CDs in country B =1530 =0.5

As country A has a lower OC in the production of wine it has a comparative advantage in the production of wine. Similarly, country 

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