Refer to the tables. Assume that before specialization and trade, Latalia produced combination C and Trombonia produced combination B. If these two nations now specialize completely based on comparative advantage, the total gains from specialization and trade will be:
Answer the question on the basis of the following production possibilities tables for two countries, Latalia and Trombonia:
A. 4 tons of beans.
B. 1 ton of pork and 2 tons of beans.
C. 4 tons of pork.
D. 2 tons of pork and 4 tons of beans.
A. 4 tons of beans.
Economics
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