With international trade,which of the following curves for an economy will shift outward?

Question

Quizplus · Accepted Answer

International trade allows a country to consume more than it can produce on its own, effectively expanding its consumption possibilities frontier. This is because it can specialize in producing goods for which it has a comparative advantage and trade for other goods, rather than having to produce all goods it consumes. The production possibilities frontier, which represents the maximum amount a country can produce with its available resources, does not shift outward simply because of trade; instead, trade allows the country to operate at a more efficient point on or beyond its existing production possibilities frontier through specialization and exchange.

With International Trade,which of the Following Curves for an Economy