Assume that Down Slope specializes in producing snow boards and Seven Seas specializes in producing scuba tanks. After trade, Down Slope exports 2,000 snow boards and imports 400 scuba tanks. The terms of trade

A. are 5:1 snow boards to scuba tanks.
B. are 1/5:1 snow boards to scuba tanks.
C. are 1:5 snow boards to scuba tanks.
D. cannot be determined from this information.


Answer: A

Economics

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