History, 18.10.2019 08:10 jstoners

Country x and country y are trading partners. both countries grow wheat and both countries produce smartphones. country x has large open prairies and a temperate climate. country y is a small, densely-populated island nation with a strong technology industry. what situation would likely benefit both countries the most?

a country x specializes in producing wheat. country y specializes in producing smartphones. the two countries engage in trade.

b country y specializes in producing wheat. country x specializes in producing smartphones. the two countries engage in trade.

c country x and country y both specialize in producing smartphones. the two countries impose barriers to trade with each other.

d country x and country y both refuse to specialize their production. the two countries impose barriers to trade with each other.

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