If Nations Quirk and Turk only produce aluminum or oil, the table below shows the maximum...
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If Nations Quirk and Turk only produce aluminum or oil, the table below shows the maximum output of each nation. Output (units) Nations Quirk Turk Aluminum 20 30 Oil 40 90 Which one of the following terms of trade is most likely to produce mutually beneficial exchange between the two nations? O O O O 1 unit of oil for 4 units of aluminum 0.5 unit of oil for 2 units of aluminum 0.5 unit of oil for 1 unit of aluminum 1 unit of oil for 0.4 unit of aluminum If Nations Quirk and Turk only produce aluminum or oil, the table below shows the maximum output of each nation. Output (units) Nations Quirk Turk Aluminum 20 30 Oil 40 90 Which one of the following terms of trade is most likely to produce mutually beneficial exchange between the two nations? O O O O 1 unit of oil for 4 units of aluminum 0.5 unit of oil for 2 units of aluminum 0.5 unit of oil for 1 unit of aluminum 1 unit of oil for 0.4 unit of aluminum
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