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fbetween the two sectors Question 5 1 pts Which is a trade ratio that allows both Canada and the US to benefit from trade? (based
\fbetween the two sectors Question 5 1 pts Which is a trade ratio that allows both Canada and the US to benefit from trade? (based on the situation in the previous question) O 2.5 units of broccoli per unit of beef O 3 units of broccoli per unit of beef O 3 units of beef per unit of broccoli O 1.5 units of broccoli per unit of beefLet's do trade with an example where we simply and use linear PPFs Suppose Canada has a linear PPF that runs from 6 million heads of broccoli (with no beef) to 4 million pounds of beef (with no broccoli). Meanwhile the US has a linear PPF running from 12 million heads of broccoli (with no beef) to 4 million pounds of beef (with no broccoli). You should sketch these on paper to help answer the following: opportunity cost of 1 unit 1.5 units broccoli beef in Canada opportunity cost of 1 unit 3 units of broccoli v of beef in the US The US has a comparative broccoli v in Canada has a comparative beef advantage in Extra global output from 6 million units of t ~
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