expand icon
book Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

النسخة 20الرقم المعياري الدولي: 978-0077660895
book Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

النسخة 20الرقم المعياري الدولي: 978-0077660895
تمرين 19
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.'"
التوضيح
موثّق
like image
like image

The domestic opportunity cost of industr...

close menu
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
cross icon