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QUESTION

Absent any trade, a countryamp;#39;s residents either can produce 1,000 laptop computers and 500 computer servers per week, or can produce 750...

Absent any trade, a country's residents either can produce 1,000 laptop computers and 500 computer servers per week, or can produce 750 laptop computers and 750 computer servers per week. After trade takes place, its residents either can consume both 1,000 laptop computers and 600 computer servers, or can consume both 850 laptop computers and 750 computer servers. These outcomes represent:

Select one:

a. gains from international trade.

b. absolute advantage in international trade.

c. redistributive effects of international trade.

d. points on a production possibilities frontier.

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