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    Exam 16: Comparative Advantage and the Open Economy
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    Specialization and International Trade Lead to
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Specialization and International Trade Lead to

Question 78

Question 78

Multiple Choice

Specialization and international trade lead to


A) an outward shift in the production possibilities frontier.
B) an inward shift in the consumption possibilities frontier.
C) a lower opportunity cost of domestic production of all goods.
D) an enhanced level of consumption.

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