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The Following Diagrams Show the Production Possibilities Boundaries for Austria

Question 94

Multiple Choice

The following diagrams show the production possibilities boundaries for Austria and Switzerland,for the production of bicycles and shoes. The following diagrams show the production possibilities boundaries for Austria and Switzerland,for the production of bicycles and shoes. FIGURE 32-2 Refer to Figure 32-2.If Austria and Switzerland engage in free trade with each other,it is likely that Switzerland will specialize in the production of ________ and Austria will specialize in the production of ________. A) bicycles; bicycles B) shoes; bicycles C) shoes; shoes D) bicycles; shoes FIGURE 32-2 Refer to Figure 32-2.If Austria and Switzerland engage in free trade with each other,it is likely that Switzerland will specialize in the production of ________ and Austria will specialize in the production of ________.


A) bicycles; bicycles
B) shoes; bicycles
C) shoes; shoes
D) bicycles; shoes

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