Multiple Choice
Which of the following is possible with international trade?
I. Countries that engage in trade can consume at a point outside their respective production
Possibilities curves.
II. Global production will be increased.
III. World resources will be used more efficiently.
A) I, II, and III
B) I and II only
C) I and III only
D) II and III only
Correct Answer:
Verified
Correct Answer:
Verified
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