moodle.nait.ca C of (1) Facebook ff.docx : ECON 1112 : Grant MacEwan Uni BACK TO MYNAIT 10 The following tables describe the hypothetical PPC (product possibility curves) for Canada and Brazil for chemicals and soyabeans (both in millions of tonnes). Before trade Canada of produce at point C and Brazil at point B. Brazil A B C D E F Chemicals 200 160 120 80 40 0 Soyabeans 0 100 200 300 400 500 Canada A B C D E F Chemicals 1000 800 600 400 200 0 Soyabeans 0 100 200 300 400 500 In Canada the opportunity cost of 1 unit of soyabeans is 03.0 chemicals 00.33 chemicals 2.0 chemicals 0.5 chemicals In Brazil the opportunity cost of 1 unit of chemicals is 00.4 soyabean 00.63 soyabean 2.5 soyabean 01.6 soyabean APR o 2 astv CC T