Refer to the information provided in Table 33.4 below to answer the question(s) that follow.
 Table 33.4GermanyChileBeerWineBeerWine(cases)(cases)(cases)(cases)75030 060152412453018 24304512 361560 6 48075 0 60  Refer to Table 33.4. For both countries to benefit from trade, the terms of trade must be between ________ case(s) of beer to case(s) of wine.

A. 2:3 and 2:1
B. 1:1 and 1:2
C. 1:1 and 1:1/2
D. 1:1/2 and 1:4


Answer: B

Economics

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