Copyright © 2004 South-Western 3 Interdependence and the Gains from Trade.

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Copyright © 2004 South-Western 3 Interdependence and the Gains from Trade

Table 1 The Production Opportunities of the Farmer and Rancher Copyright © 2004 South-Western

Figure 1a The Production Possibilities Frontier

Copyright © 2004 South-Western Figure 1b The Production Possibilities Frontier

Copyright © 2004 South-Western Figure 2a How Trade Expands the Set of Consumption Opportunities

Copyright © 2004 South-Western Figure 2b How Trade Expands the Set of Consumption Opportunities

Table 2 The Gains from Trade: A Summary Copyright © 2004 South-Western

Table 3 The Opportunity Cost of Meat and Potatoes Copyright © 2004 South-Western

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