Refer to the information provided in Table 19.2 below to answer the questions that follow.
Table 19.2

-Refer to Table 19.2.Which terms of trade benefits both countries?

Question

Refer to the information provided in Table 19.2 below to answer the questions that follow.
Table 19.2
 
-Refer to Table 19.2.Which terms of trade benefits both countries?

Quizplus · Accepted Answer

A terms of trade that benefits both countries is when both countries are able to trade goods at a rate that is mutually beneficial. In this table, a terms of trade that benefits both countries is when Country A trades 1 tractor for 12.5 motorcycles with Country B, as both countries would be gaining more value from the trade. Choices A, C, and D do not result in a mutually beneficial terms of trade.

Refer to the Information Provided in Table 19