Nations Quirk and Turk can produce aluminum and oil in the following maximum quantities when all of their resources are fully employed.
Which one of the following terms of trade is most likely to produce exchange between the two nations?
A) .5 unit of oil for 1 unit of aluminum
B) .5 unit of oil for 2 units of aluminum
C) 1 unit of oil for.4 unit of aluminum
D) 1 unit of oil for 5 units of aluminum
Correct Answer:
Verified
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