Suppose that the opportunity cost ratio for apples and oranges is 1AE =30 in Germany but 10= 2A in Japan At which of the following international eschange ratios (terms of trade) with Gemany and Japan be willing to specialize and engage in trade with each other O10=215A O 10= 1.25A O 10=0.25A O 10=0.15A

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Chapter1: Making Economics Decisions
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Suppose that the opportunity cost ratio for apples and oranges is 1AE =30 in Germany but 10= 2A in Japan At which of the following international eschange ratios (terms of trade) with Gemany and
Japan be willing to specialize and engage in trade with each other
O10=215A
O 10= 1.25A
O 10=0.25A
O 10=0.15A

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