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Production Possibilities Tables for Germany and Canada (note that we are assuming that opportunity costs remain constant along the production possibilities frontier), and that each country produces only these two products).
Germany's Production Possibilities Table
Production Alternatives
Product
A
B
C
D
Autos
0
40
80
120
Computers
60
20
Canada's Production Possibilities Table
A'
B'
C'
D'
180
1. Since Canada can produce more of either product than Germany can, is there any reason for Canada and Germany to engage in trade? Explain.
2. If they trade, which country should specialize in which product and why?
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