This document discusses gas exchange and transport in the human body. It covers the partial pressures and concentrations of oxygen and carbon dioxide in ambient air, tracheal air, and alveolar air. It describes how these gases diffuse between the alveoli and pulmonary capillaries based on pressure gradients. Oxygen is transported in the blood both dissolved in plasma and bound to hemoglobin, while carbon dioxide is transported through dissolution, binding to hemoglobin, and as bicarbonate ions. Factors like pulmonary disease, anemia, exercise and the Bohr effect impact gas exchange and transport.