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Answer the question on the basis of the following information.Assume that by devoting all its resources to the production of X,nation Alpha can produce 20 units of X.By devoting all its resources to Y,Alpha can produce 30Y.Comparable figures for nation Beta are 60X and 40Y.
Refer to the given information.Alpha would prefer terms of trade at,or close to,1X = 2/3Y.
Productivity
The measure of efficiency in which goods or services are produced, often evaluated in terms of output per unit of input.
Transformational Grammar
A theory of grammar that considers the syntactic structures of language as being generated by a set of rules.
Deep Structure
In linguistics, the underlying syntactic structure or meaning of a sentence, as opposed to the surface structure which is how the sentence is expressed verbally.
Surface Structure
In linguistics, the term refers to the outward form of a sentence, which can vary without altering its deep structure or meaning.
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