Multiple Choice
Autos and chemicals are in million of units in the following production possibilities tables: 
Refer to the tables above. Suppose that each nation specialized in producing the product for which it has a comparative advantage, and the terms of trade were set at 3 units of chemicals for 1 unit of autos. In this case, Germany could obtain and consume a maximum combination of 8 million units of autos and:
A) 12 million units of chemicals
B) 24 million units of chemicals
C) 36 million units of chemicals
D) 48 million units of chemicals
Correct Answer:
Verified
Correct Answer:
Verified
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