Suppose that the United States and Canada each produce only two products, televisions and food. The United States can produce 100 televisions a day, 150 pounds of food a day, or any combination in between. (For example, it could choose 100 televisions and no food, 50 televisions and 75 pounds of food, or 150 pounds of food and no televisions.) Canada can produce 300 televisions a day, 330 pounds of food a day, or any combination in between. Which of these trades could make both the United States and Canada better off?A. The United States could trade Canada 20 pounds of food for 17 televisions. B. The United States could trade Canada 75 pounds of food for 60 televisions. C. The United States could trade Canada 100 pounds of food for 98 televisions. D. None of the answers are correct.
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Suppose that the United States and Canada each produce only two products, televisions and food. The...
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