Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B. Considering the production possibilities frontiers of both countries, we know that both would be willing to agree to which terms of trade?
A) One truck for two cars
B) One truck for four cars
C) One truck for six cars
D) One truck for eight cars

Question

Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B. Considering the production possibilities frontiers of both countries, we know that both would be willing to agree to which terms of trade?
A) One truck for two cars 
B) One truck for four cars 
C) One truck for six cars 
D) One truck for eight cars

Quizplus · Accepted Answer

The Answer of  Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B. Considering the production possibilities frontiers of both countries, we know that both would be willing to agree to which terms of trade?
A) One truck for two cars 
B) One truck for four cars 
C) One truck for six cars 
D) One truck for eight cars

Refer to the Figure Shown, Which Represents the Production Possibilities