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Answer the following question based on the data provided in the tables below for two hypothetical nations, Wat and Xat. The nations have the production possibilities for rice and corn given in the following table: Refer to the data above. The mutually-beneficial terms of trade will be:
Sodium Chloride
Common table salt, a compound formed from sodium and chlorine atoms, essential for life and used in food seasoning and preservation.
Dissociation
A process in which molecules or ionic compounds split into smaller particles such as atoms, ions, or radicals, often reversibly.
Water
A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms.
Water Molecule
A molecule consisting of two hydrogen atoms and one oxygen atom, essential for life and a universal solvent.
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