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AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.4
In the context of international trade, if Country X has a comparative advantage in producing wheat over country Y, which of the following scenarios is likely to occur?
Both country won't rade with wheat.
Country X will export wheat.
Country Y will export wheat.
Country X and Y will both export wheat.
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AP Microeconomics - 1.4 Comparative Advantage and Trade
Key terms
Comparative Advantage
International Trade
Producing Wheat
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
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Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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