The relative costs of two goods produced by two countries can be determined by comparing the ________ of their ________.

Name: The relative costs of two goods produced by two countries can be determined by comparing the ________ of their ________.
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Question

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The relative costs of two goods produced by two countries can be determined by comparing the slopes of their production possibilities curves, which illustrate the trade-offs each country faces between producing different goods.

The Relative Costs of Two Goods Produced by Two Countries