Multiple Choice
The accompanying tables give production possibilities data for Gamma and Sigma. All data are in tons.
Gamma's production possibilities
Sigma's production possibilities
On the basis of this information,
A) Gamma should export both tea and pots to Sigma.
B) Sigma should export tea to Gamma, and Gamma should export pots to Sigma.
C) Gamma should export tea to Sigma, and Sigma should export pots to Gamma.
D) Gamma should export tea to Sigma, but it will not be pro?table for the two nations to exchange pots.
Correct Answer:

Verified
Correct Answer:
Verified
Q129: A maximum limit set on the amount
Q130: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Assuming labor forces
Q131: Assume that by devoting all of its
Q132: The accompanying table gives domestic supply
Q133: <span class="ql-formula" data-value="{ \text { Domestic Market
Q135: <span class="ql-formula" data-value="\begin{array}{l}\text { Domestic Market For
Q136: Tariffs and quotas are costly to consumers
Q137: The imposition of a tariff on a
Q138: The term trade deficit refers to a
Q139: "NAFTA" stands for<br>A) North African Free Trade