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Exhibit 19-1 -Exhibit 19-1 Shows the Production Possibilities Frontiers for the Countries

Question 40

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Exhibit 19-1 Exhibit 19-1 -Exhibit 19-1 shows the production possibilities frontiers for the countries of Lambda and Beta for fish and coconuts. If the terms of trade are 2 fish per coconut, then Lambda and Beta would be able to benefit from specialization and trade.
-Exhibit 19-1 shows the production possibilities frontiers for the countries of Lambda and Beta for fish and coconuts. If the terms of trade are 2 Exhibit 19-1 -Exhibit 19-1 shows the production possibilities frontiers for the countries of Lambda and Beta for fish and coconuts. If the terms of trade are 2 fish per coconut, then Lambda and Beta would be able to benefit from specialization and trade. fish per coconut, then Lambda and Beta would be able to benefit from specialization and trade.

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