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Which Statement Best Describes the Relationship Between a Nation's Consumption

Question 34

Multiple Choice

Which statement best describes the relationship between a nation's consumption and its production possibilities?  


A)  International trade makes it possible for a country's consumption possibilities to exceed its production possibilities. 
B)  International trade requires that a country's production possibilities exceed its consumption possibilities. 
C)  A country's production possibilities always equal its consumption possibilities. 
D)  A country's consumption possibilities can never equal its production possibilities because of leakages in the system.

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