Economics- Terms of Trade

Question

This question is based on output per unit of labor. (For context, this question is from a chapter on absolute and comparative advantage, opportunity costs, and terms of trade.) It is a fill in the blank answer and there are no multiple choice answers to choose from.

If Holland produces 8 scooters and 2 picture frames and the US produces 5 scooters and 2 picture frames, then with free trade, the minimum limit on the amount paid for 1 picture frame (blank) scooters.

Thank you for your help!

Answer 1

in Holland 1 PF costs 4 scooters. is the US 1 Frame costs 2.5 scooters. Any price between 2.5 and 4 would benefit both countries

This is the feasible range of the terms of trade