Use the Following to Answer Questions

question 176

Multiple Choice

Use the following to answer questions:
-(Table: The Production Possibilities for Cars and Leather Boots) Use Table: The Production Possibilities for Cars and Leather Boots.Given the opportunity costs of production:

• A) there is no basis for trade.
• B) Mexico should specialize in boots.
• C) Canada should specialize in cars.
• D) Canada should specialize in both goods,and Mexico should not produce either good.