Michigan

Has Surplus Autos

Wants Lettuce

Texas

Washington

Has Surplus Lettuce

Has Surplus Apples

Wants Apples

Wants Autos

Given the information, and assuming trade occurs between the three states, we can exp

Multiple Choice

that money will not be needed to accomplish the desired exchanges.

money to flow counter$-$clockwise from Michigan to Texas to Washington.

money to flow clockwise from Michigan to Washington to Texas.

that there is no means by which Michigan can obtain lettuce while specializi