Production can only occur along the pre-trade production possibilities frontier.
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Q55: The principle of comparative advantage implies that
Q56: The principle of comparative advantage
A)does not hold
Q57: A country cannot have a comparative advantage
Q58: Country A has a comparative advantage over
Q59: If there are increasing opportunity costs of
Q61: Which of the following is least likely
Q62: The United States may have a comparative
Q63: If one country has a lower level
Q64: Central America would most likely have a
Q65: Explain the connection between the relative price
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