
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
النسخة 20الرقم المعياري الدولي: 978-0077660772
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
النسخة 20الرقم المعياري الدولي: 978-0077660772 تمرين 37
Suppose that, on the basis of a nation's production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 pizzas. Relate this information to the following statement:
"Through international specialization and trade, a nation can reduce its opportunity cost of obtaining goods and thus 'move outside its production possibilities curve.'"
"Through international specialization and trade, a nation can reduce its opportunity cost of obtaining goods and thus 'move outside its production possibilities curve.'"
التوضيح
Under international specialization and t...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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