The data given is for two hypothetical nations, Wat and Xat. The nations have the Production Possibilities Curves (PPC) for units of rice and corn as given below.
-Refer to the diagram below in which, line AB is the Canadian production possibility curve and AC is its trading possibilities curve. We can conclude that Canada: 
A) has chosen to specialize in the production of cheese.
B) has chosen to specialize in the production of beef.
C) has decided to trade beef for cheese.
D) is relatively more efficient than its trading partners in producing both cheese and beef.
Correct Answer:
Verified
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