Exhibit 15-2 Production possibilities curves for U.S. and Mexico 
-As shown in Exhibit 15-2, in Mexico, producing 1 additional ton of wheat costs:
A) 1/2 ton of cloth.
B) 2/3 ton of cloth.
C) 1 ton of cloth.
D) 1 1/2 tons of cloth.
Correct Answer:
Verified
Q13: Suppose that country X can produce 1,000
Q14: Exhibit 15-1 Production possibilities curves 
Q15: Exhibit 15-1 Production possibilities curves 
Q16: Exhibit 15-1 Production possibilities curves 
Q17: Trade between nations A and B:
A) leaves
Q19: Exhibit 15-1 Production possibilities curves 
Q20: With the benefits of international trade:
A) there
Q21: Which of the following statements is true?
A)
Q23: In a two good, two-country world, a
Q126: A nation benefits from international trade if
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