The fact that international specialization and trade based on comparative advantage can increase world output is demonstrated by the reality that
A) the production possibilities curves of any two nations are identical.
B) a nation's production possibilities and trading possibilities lines coincide.
C) a nation's trading possibilities line lies to the right of its production possibilities line.
D) a nation's production possibilities line lies to the right of its trading possibilities line.
Correct Answer:
Verified
Q34: Q35: If a nation has a comparative advantage Q36: The tables give production possibilities data Q37: In the theory of comparative advantage, a![]()
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