1642EconomicsMedium
If Hong Kong and Taiwan have identical production possibilities curves that are subject to increasing opportunity costs?
ATrade would depend on economies of large-scale production
BThere would be no basis for gainful trade
CTrade would depend on the use of different currencies
DTrade would depend on difference in demand conditions
Correct answer
D. Trade would depend on difference in demand conditions
Explanation
The correct answer is Trade would depend on difference in demand conditions.