Counties A and B currently consume 400 units of food and 400 units of textiles each and currently do not trade with one another.The citizens of country A have to give up one unit of food to gain two units of textiles,while the citizens of country B have to give up one unit of textiles to gain two units of food.Their production possibilities curves are shown. 
Under the theory of comparative advantage,if free trade is allowed,the market clearing price (or exchange rate,if you will) between food and textiles will be
Definitions:
Predictor Variable
A variable that is used in statistical models to predict the outcome of a response variable.
Correlations
A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the strength and direction of a relationship between them.
Absolute Values
The non-negative value of a number regardless of its sign; it represents the distance of a number on the number line from zero.
Multiply
To increase a quantity by another quantity, a basic mathematical operation involving the addition of a number to itself a specified number of times.
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