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Consider the following conditions a, b, and c and answer the questions that follow:(a) There are two countries ‘A’ and ‘B’. ‘A’ produces 500 tonnes of wheat by employing 200 labourers. ‘B’ produces 1,000 tonnes of wheat by employing 300 labourers.(b) Country ‘C’ produces 300 kg of tea and ‘D’ produces 500 kg of coffee. ‘C’ does not produce coffee and ‘D’ does not produce tea.(c) Country ‘E’ has expertise in water engineering and agriculture. Country ‘F’ has expertise in metro-making.Will the trade take place between A and B in condition (a)? |
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Answer» No, trade of wheat will not take place in between A and B because both are producing wheat. |
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