Multiple Choice
The fact that international specialization and trade based on comparative advantage can increase world output is demonstrated by the reality that
A) the production possibilities curves of any two nations are identical.
B) a nation's production possibilities and trading possibilities lines coincide.
C) a nation's trading possibilities line lies to the right of its production possibilities line.
D) a nation's production possibilities line lies to the right of its trading possibilities line.
Correct Answer:
Verified
Correct Answer:
Verified
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