Refer to the information provided in Table 33.1 below to answer the question(s) that follow.
Table 33.1
-Refer to Table 33.1. For both countries to benefit from trade, the terms of trade must be between ________ bushel(s) of oranges to bushel(s) of bananas.
A) 1:1/2 and 1:4
B) 2:3 and 2:1
C) 1:1 and 1:1/2
D) 1:1 and 1:2.

Question

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.
Table 33.1 
-Refer to Table 33.1. For both countries to benefit from trade, the terms of trade must be between ________ bushel(s) of oranges to bushel(s) of bananas.
A) 1:1/2 and 1:4 
B) 2:3 and 2:1 
C) 1:1 and 1:1/2 
D) 1:1 and 1:2.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Table 33.1 below to answer the question(s) that follow.
Table 33.1 
-Refer to Table 33.1. For both countries to benefit from trade, the terms of trade must be between ________ bushel(s) of oranges to bushel(s) of bananas.
A) 1:1/2 and 1:4 
B) 2:3 and 2:1 
C) 1:1 and 1:1/2 
D) 1:1 and 1:2.

Refer to the Information Provided in Table 33