[Answer] The table above lists the number of acres it takes to produce one cargo container of oranges and one cargo container of bananas in the United States and Costa Rica. Assume each nation has 120 acres available to produce both products. If terms of trade were one cargo container of oranges for one cargo container of bananas and both nations agreed to trade according to comparative advantage how many cargo containers of bananas would be grown?24 cargo containers30 cargo containers40 cargo containers60 cargo containers120 cargo containers

Answer: 60 cargo containers
The table above lists the number of acres it takes to produce one cargo container of oranges and one cargo container of bananas in the United States and Costa Rica. Assume each nation has 120 acres available to produce both products. If terms of trade were one cargo contai…

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