The Following Production Possibilities Schedule Shows the Quantities of Wheat

Multiple Choice

The following production possibilities schedule shows the quantities of wheat and rice that can each be produced in Canada and India with one unit of equivalent resources. TABLE 32-2 Refer to Table 32-2.To achieve the potential gains from international trade,

A) India should export wheat to Canada and import Canadian rice.
B) Canada should produce both wheat and rice and not trade with India.
C) India should export rice to Canada and import Canadian wheat.
D) India should exclude wheat from its consumption.
E) India should produce both wheat and rice and not trade with Canada.