Solved

When Can a Country's Consumption Possibilities Frontier Be Outside Its

Question 14

Multiple Choice

When can a country's consumption possibilities frontier be outside its production possibilities frontier?


A) if additional resources become available
B) if there is an increase in the level of technology
C) if the country engages in trade
D) if resources are shiftable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Suppose a gardener produces both green beans

Q16: The "two-country?two-good" model (sometimes called the

Q17: Table 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2183/.jpg" alt="Table 3-5

Q19: Table 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2183/.jpg" alt="Table 3-6

Q22: What should a country do if it

Q27: How does trade benefit the two parties

Q28: International trade may make some individuals in

Q117: Figure 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-4

Q155: It takes Barbara 3 hours to make

Q184: Explain the difference between absolute advantage and