If the united states is to specialize in the production of one of the two goods (and then trade that good to france), which good should it be and why? if france is to specialize in the production of one of the two goods (and then trade that good to the united states), which good should it be and why?
(a)-good x for the united states because the united states is the higher opportunity cost producer of good x;
(b)-good y for france because france is the higher opportunity cost producer of good y.(
(c)-good y for the united states because the united states is the lower opportunity cost producer of good y; good x for france because france is the lower opportunity cost producer of good x.
(d)-good x for the united states because the united states is the lower opportunity cost producer of good x; good y for france because france is the lower opportunity cost producer of good y.
(e)-good y for the united states because the united states is the higher opportunity cost producer of good y; good x for france because france is the higher opportunity cost producer of good x.
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If the united states is to specialize in the production of one of the two goods (and then trade that...
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