Because of trade,a country may:

Question

Quizplus · Accepted Answer

Trade allows countries to consume goods that it does not produce, which can result in a consumption level outside of its production possibility frontier. This is because trade allows countries to specialize in the production of goods in which they have a comparative advantage and then trade with other countries for goods that they cannot produce as efficiently. Thus, trade can increase a country's ability to consume beyond what it could produce on its own.

Because of Trade,a Country May