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e. cannot be determined from the information given 5. Assume that both countries completely specialize in that product for which they have a comparative advantage,

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e. cannot be determined from the information given 5. Assume that both countries completely specialize in that product for which they have a comparative advantage, and the terms of trade are given as I car trades for 1 textile. If these two nations DO engage in trade, the maximum amount of textiles available for consumption in Country M is a. 10 units of textiles b. 15 units of textiles C. 20 units of textiles d. 30 units of textiles FIGURE ONE Cars Country M Cars Country N 30 PPFM 15 PPFN 10 textile 30 textile

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