The graphs above show the production possibilities curves for the U.S.and Canada,which both produce cars and wheat.
Determine comparative advantage for each country,and then draw the CPC for each country,assuming that the world price of cars is 1.5 wheat.(Assume that wheat is measured in thousands of bushels.)How would the gains from trade change if the price of cars rose to 1.75 wheat?

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The graphs above show the production possibilities curves for the U.S.and Canada,which both produce cars and wheat.
Determine comparative advantage for each country,and then draw the CPC for each country,assuming that the world price of cars is 1.5 wheat.(Assume that wheat is measured in thousands of bushels.)How would the gains from trade change if the price of cars rose to 1.75 wheat?

The Graphs Above Show the Production Possibilities Curves for the U.S.and