You are the Minister of Trade for a small island country with the following annual PPC:
You are negotiating a trade agreement with a neighboring island with the following annual PPC:
Both islands specialize exclusively in the product for which they have a comparative advantage. You have agreed to give 350 coconuts to the other island in exchange for 1,300 fish. After the trade, your island has a total of ________ coconuts and ________ fish.
A. 150; 1,300
B. 500; 1,500
C. 150; 2,800
D. 500; 1,300
Answer: A
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Fill in the blank(s) with the appropriate word(s).
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