The Production Possibilities Table Given Below Shows How Many Bushels

question 47

Multiple Choice

The production possibilities table given below shows how many bushels of either wheat or rice can be produced in India and Canada with 1 unit of input.To achieve gains from specialization:

• A)India should export rice to Canada and import Canadian wheat.
• B)India should export wheat to Canada and import Canadian rice.
• C)Canada should produce both wheat and rice and not trade with India.
• D)India should produce both wheat and rice and not trade with Canada.

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Definitions:

Year-End

The end of an accounting period, either the calendar year or a company's fiscal year, at which time various financial statements are prepared.

Cash Flow Ratios

Financial metrics used to assess how efficiently a company generates cash to pay its debt obligations and fund its operating expenses.

Operations to Sales

A financial ratio used to analyze a company's operational efficiency by comparing its operating income to its net sales.

Operations to Net Income

An analysis or measure that illustrates how operating activities contribute to a company's net income.