Multiple Choice
Suppose that a worker in Freedonia can produce either 6 units of corn or 2 units of wheat per year,and a worker in Sylvania can produce either 2 units of corn or 6 units of wheat per year.Each nation has 10 workers.Without trade,Freedonia produces and consumes 30 units of corn and 10 units of wheat per year.Sylvania produces and consumes 10 units of corn and 30 units of wheat.Suppose that trade is then initiated between the two countries,and Freedonia sends 30 units of corn to Sylvania in exchange for 30 units of wheat.Sylvania will now be able to consume a maximum of
A) 30 units of corn and 30 units of wheat.
B) 40 units of corn and 30 units of wheat.
C) 40 units of corn and 20 units of wheat.
D) 10 units of corn and 40 units of wheat.
Correct Answer:

Verified
Correct Answer:
Verified
Q83: Figure 3-20<br>Canada's Production Possibilities Frontier<br>Mexico's Production Possibilities
Q84: Figure 3-14<br>Arturo's Production Possibilities Frontier<br>Dina's Production Possibilities
Q85: Figure 3-19<br>Chile's Production Possibilities Frontier<br>Colombia's Production Possibilities
Q86: Figure 3-21<br>Uzbekistan's Production Possibilities Frontier<br>Azerbaijan's Production Possibilities
Q89: Figure 3-17<br>Maxine's Production Possibilities Frontier<br>Daisy's Production Possibilities
Q90: Figure 3-14<br>Arturo's Production Possibilities Frontier<br>Dina's Production Possibilities
Q91: Figure 3-21<br>Uzbekistan's Production Possibilities Frontier<br>Azerbaijan's Production Possibilities
Q92: Figure 3-20<br>Canada's Production Possibilities Frontier<br>Mexico's Production Possibilities
Q93: Suppose Jim and Tom can both produce
Q181: The gains from trade are<br>A)evident in economic