True or False: Without engaging in international trade, Freedonia and Desonia would not have been able to consume at the after-t

Question

Sergeeva-Olga [200]

3 years ago

9

True or False: Without engaging in international trade, Freedonia and Desonia would not have been able to consume at the after-t

rade consumption bundles. (Hint: Base this question on the answers you previously entered on this page.)

Social Studies

1 answer:

MatroZZZ [7] · Answer 1 · 2022-04-13T15:19:57+03:00

Answer:

True

Explanation:

In case of Freedonia and Desonia, they specialize in food products that are specific to their region and provide a high quality good. Also, they have a comparable advantage which means that they produce goods at a lower cost as well. Therefore, they would not be able to consume at the after-trade consumption bundles as they will not be trading their goods with other products and services that come in as part of the trade bundle.