Table 17-4 Consider Trade Relations Between Canada and Germany. Assume That the Assume

Multiple Choice

Table 17-4
Consider trade relations between Canada and Germany. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are as follows:


-Refer to Table 17-4.When this game reaches a Nash equilibrium,what will the value of trade flow benefits be

A) Canada $50 and Germany $290
B) Canada $70 and Germany $80
C) Canada $150 and Germany $30
D) Canada $120 and Germany $280