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The accompanying table describes the hypothetical PPC (product possibility curves) for furniture and machinery in Canada and Mexico (both in millions of tonnes per year).

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The accompanying table describes the hypothetical PPC (product possibility curves) for furniture and machinery in Canada and Mexico (both in millions of tonnes per year). Before + a Canada produces at point C and Mexico at point D. After trade million s of machinery is traded for 75 million tonnes of furniture. a. The opportunity cost of machinery in Canada is tonne(s) of furniture per tonne of machinery. (Simplify your answer.) b. The opportunity cost of machinery in Mexico is tonne(s) of furniture per tonne of machinery. (Simplify your answer.) c. The opportunity cost of furniture in Canada is tonne(s) of machinery per tonne of furniture. (Simplify your answer.) d. The opportunity cost of furniture in Mexico is tonne(s) of machinery per tonne of furniture. (Simplify your answer.) e. has a comparative advantage in producing machinery since machinery. f. has a comparative advantage in producing furniture since g. The gains from specialization and trade for Canada are million tonne(s) of furniture per year and million tonne(s) of machinery per year. The gains from specialization and trade for Mexico are tonne(s) of furniture per year and tonne(s) of machinery per year. (Simplify your answers.) h. If trade takes place between Canada and Mexico, then Canadian machinery producers Canadian furniture producers and Canadian consumers \begin{tabular}{lcccccc} Machinery & 0 & 40 & 80 & 120 & 160 & 200 \\ Furniture & 40 & 32 & 24 & 16 & 8 & 0 \\ Mexico & A & B & C & D & E & F \\ Machinery & 0 & 7 & 14 & 21 & 28 & 35 \\ Furniture & 140 & 112 & 84 & 56 & 28 & 0 \\ \hline \end{tabular} The accompanying table describes the hypothetical PPC (product possibility curves) for furniture and machinery in Canada and Mexico (both in millions of tonnes per year). Before + a Canada produces at point C and Mexico at point D. After trade million s of machinery is traded for 75 million tonnes of furniture. a. The opportunity cost of machinery in Canada is tonne(s) of furniture per tonne of machinery. (Simplify your answer.) b. The opportunity cost of machinery in Mexico is tonne(s) of furniture per tonne of machinery. (Simplify your answer.) c. The opportunity cost of furniture in Canada is tonne(s) of machinery per tonne of furniture. (Simplify your answer.) d. The opportunity cost of furniture in Mexico is tonne(s) of machinery per tonne of furniture. (Simplify your answer.) e. has a comparative advantage in producing machinery since machinery. f. has a comparative advantage in producing furniture since g. The gains from specialization and trade for Canada are million tonne(s) of furniture per year and million tonne(s) of machinery per year. The gains from specialization and trade for Mexico are tonne(s) of furniture per year and tonne(s) of machinery per year. (Simplify your answers.) h. If trade takes place between Canada and Mexico, then Canadian machinery producers Canadian furniture producers and Canadian consumers \begin{tabular}{lcccccc} Machinery & 0 & 40 & 80 & 120 & 160 & 200 \\ Furniture & 40 & 32 & 24 & 16 & 8 & 0 \\ Mexico & A & B & C & D & E & F \\ Machinery & 0 & 7 & 14 & 21 & 28 & 35 \\ Furniture & 140 & 112 & 84 & 56 & 28 & 0 \\ \hline \end{tabular}

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