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Which of the Following Statements Is True

Question 3

Multiple Choice

Which of the following statements is true?


A) A self-sufficient country can, at best, consume on its production possibilities frontier.
B) Only countries with an absolute advantage in the production of every good should strive to be self-sufficient.
C) A self-sufficient country consumes outside its production possibilities frontier.
D) Self-sufficiency is the road to prosperity for most countries.

Correct Answer:

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