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Figure 3.1China - US Trade Possibilities

question 99

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Figure 3.1China - US Trade Possibilities
Figure 3.1China - US Trade Possibilities    -Considering Figure 3.1,what are the terms of trade represented? A)  The terms of trade are 1½ aircraft per textile. B)  The terms of trade are 1½ textiles per aircraft. C)  The terms of trade are 1 textile per aircraft. D)  The terms of trade are 2/3 textile per aircraft.
-Considering Figure 3.1,what are the terms of trade represented?


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