You are trying to figure out if a trade deal between the U.S. and Mexico is a good idea, and under what terms if so. You have been given the following information on each country's production possibilities for two goods: M&Ms and sour patch kids. US is the 10 (y axis) Mexico is the 5 (y axis)

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter28: International Trade
Section: Chapter Questions
Problem 15P
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help  please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working!
You are trying to figure out if a trade deal between the U.S. and Mexico is a good idea, and
under what terms if so. You have been given the following information on each country's
production possibilities for two goods: M&Ms and sour patch kids.
US is the 10 (y axis) Mexico is the 5 (y axis)
Transcribed Image Text:You are trying to figure out if a trade deal between the U.S. and Mexico is a good idea, and under what terms if so. You have been given the following information on each country's production possibilities for two goods: M&Ms and sour patch kids. US is the 10 (y axis) Mexico is the 5 (y axis)
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