Which of the following statements is true?Because of trading, all people in Omegaland will benefit


#1

Which of the following statements is true?

  1. Because of trading, all people in Omegaland will benefit in the short run.
  2. Because of trading, all people in Alphaland will benefit in the short run.
  3. The final terms of trade could be 4/5 computer for 1 car.
  4. The final terms of trade could be 3 computers per car.

Answer:

C.
The final terms of trade could be 4/5 computer for 1 car.