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Introducing Indifference Curves into Our Trade Model Permits Us to Determine

Question 89

Multiple Choice

Introducing indifference curves into our trade model permits us to determine:


A) Where a nation chooses to locate along its production possibilities curve in autarky
B) The precise location of a nation's production possibilities curve
C) Whether absolute cost or comparative cost conditions exist
D) The currency price of one product in terms of another product

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