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The Figure Given Below Shows the Production Possibility Curves for Canada

Question 42

Multiple Choice

The figure given below shows the production possibility curves for Canada (AB) and the Rest of the World (CD) . Suppose Canada begins to trade with the Rest of the World. If in the international market 1 bushel of corn is exchanged for 1 liter of maple syrup, Canada will produce _____ bushels of corn and the Rest of the World will produce _____ liters of maple syrup. The figure given below shows the production possibility curves for Canada (AB) and the Rest of the World (CD) . Suppose Canada begins to trade with the Rest of the World. If in the international market 1 bushel of corn is exchanged for 1 liter of maple syrup, Canada will produce _____ bushels of corn and the Rest of the World will produce _____ liters of maple syrup. A) 35; 32.5 B) 70; 50 C) 0; 0 D) 90; 100


A) 35; 32.5
B) 70; 50
C) 0; 0
D) 90; 100

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