The Following Shows the Production Possibilities Tables for Two Countries,Latalia

question 67

Multiple Choice

The following shows the Production possibilities tables for two countries,Latalia and Trombonia:

-Refer to the above tables.Assume that before specialization and trade,Latalia produced combination C and Trombonia produced combination B.If these two nations now specialize completely in accordance with comparative advantage,the total gains from specialization and trade will be:

• A) 4 tons of beans.
• B) 1 ton of pork and 2 tons of beans.
• C) 4 tons of pork.
• D) 2 tons of pork and 4 tons of beans.

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Definitions:

Invert Times

A term not recognized as a standard key term in familiar contexts, therefore considered NO.

Heparin

A substance formed in the liver that inhibits the coagulation of blood.

No Additive

Describes products, especially foods, that do not contain additional ingredients such as preservatives, colors, or artificial flavors.

No Anticoagulant

A condition or directive indicating that no substances that prevent blood clotting (anticoagulants) are to be used.