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Suppose Country a Has a Production Possibilities Frontier Such That

Question 21

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Suppose country A has a production possibilities frontier such that Suppose country A has a production possibilities frontier such that and country B has a production possibilities frontier such that and consumers in both countries view x and y as perfect substitutes.Country B will produce A) only x (= ) and trade for y. B) only y (= ) and trade for x. C) both x (= 40) and y (= 20) and trade x to get y. D) both x (= 40) and y (= 20) and trade y to get x. and country B has a production possibilities frontier such that Suppose country A has a production possibilities frontier such that and country B has a production possibilities frontier such that and consumers in both countries view x and y as perfect substitutes.Country B will produce A) only x (= ) and trade for y. B) only y (= ) and trade for x. C) both x (= 40) and y (= 20) and trade x to get y. D) both x (= 40) and y (= 20) and trade y to get x. and consumers in both countries view x and y as perfect substitutes.Country B will produce


A) only x (= Suppose country A has a production possibilities frontier such that and country B has a production possibilities frontier such that and consumers in both countries view x and y as perfect substitutes.Country B will produce A) only x (= ) and trade for y. B) only y (= ) and trade for x. C) both x (= 40) and y (= 20) and trade x to get y. D) both x (= 40) and y (= 20) and trade y to get x. ) and trade for y.
B) only y (= Suppose country A has a production possibilities frontier such that and country B has a production possibilities frontier such that and consumers in both countries view x and y as perfect substitutes.Country B will produce A) only x (= ) and trade for y. B) only y (= ) and trade for x. C) both x (= 40) and y (= 20) and trade x to get y. D) both x (= 40) and y (= 20) and trade y to get x. ) and trade for x.
C) both x (= 40) and y (= 20) and trade x to get y.
D) both x (= 40) and y (= 20) and trade y to get x.

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