For trade to benefit a nation,its consumption possibilities curve must

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For trade to benefit a nation, it must be able to consume goods and services that it cannot produce efficiently. This means that its consumption possibilities curve (which shows the maximum combination of goods and services that can be consumed) must lie above and to the right of its production possibilities curve (which shows the maximum combination of goods and services that can be produced with its current resources and technology). This allows the nation to trade its surplus output for goods and services that it cannot efficiently produce, leading to an increase in overall consumption and economic welfare.

For Trade to Benefit a Nation,its Consumption Possibilities Curve Must