Refer to the tables below.Which of the following would be feasible terms for trade between Latalia and Trombonia?
Production possibilities tables for two countries,Latalia and Trombonia:
Latalia's production possibilities:
Trombonia's production possibilities:

Question

Refer to the tables below.Which of the following would be feasible terms for trade between Latalia and Trombonia?
Production possibilities tables for two countries,Latalia and Trombonia:
Latalia's production possibilities: 
Trombonia's production possibilities:

Quizplus · Accepted Answer

In Latalia, 4 tons of beans can be produced with 1 ton of pork, while in Trombonia, 2 tons of beans can be produced with 1 ton of pork. Therefore, a trade of 4 tons of beans from Latalia for 1 ton of pork from Trombonia would be mutually beneficial, as Latalia would be giving up something it can produce more efficiently (beans) in exchange for something it cannot produce as efficiently (pork), and Trombonia would be doing the same in reverse.

Refer to the Tables Below