Refer to the information provided in Table 33.1 below to answer ...

[maychende]

Thanks

[angrybirds13579]

Welcome

[brutforce]

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Guatemala should specialize in and export ________, and Mexico should specialize in and export ________.

◦ oranges; oranges
◦ bananas; bananas
◦ bananas; oranges
◦ oranges; bananas

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Before specialization, Mexico produces 120 bushels of oranges and 80 bushels of bananas, and Guatemala produces 40 bushels of oranges and 20 bushels of bananas. After specialization, the increase in orange production is

◦ 10 bushels of oranges.
◦ 20 bushels of oranges.
◦ 25 bushels of oranges.
◦ 40 bushels of oranges.

[ergserg]

Answer 1

bananas; oranges

Answer 2

40 bushels of oranges.

[lilldybug07]

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Before specialization, Mexico produces 160 bushels of oranges and 40 bushels of bananas, and Guatemala produces 30 bushels of oranges and 40 bushels of bananas. After specialization, the increase in banana production is

◦ 10 bushels of bananas.
◦ 15 bushels of bananas.
◦ 20 bushels of bananas.
◦ 40 bushels of bananas.

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. For both countries to benefit from trade, the terms of trade must be between ________ bushel(s) of oranges to bushel(s) of bananas.

◦ 1:1/2 and 1:4
◦ 2:3 and 2:1
◦ 1:1 and 1:1/2
◦ 1:1 and 1:2.

[aloop]

Answer 1

20 bushels of bananas.

Answer 2

1:1 and 1:2.

[lilldybug07]

Excellent

[aloop]

Great! Please up vote