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Exhibit 17-1
-Exhibit 17-1 Shows the Production Possibilities Frontiers 1/21 / 2

Question 37

True/False

Exhibit 17-1  Exhibit 17-1   -Exhibit 17-1 shows the production possibilities frontiers for the countries of Lambda and Beta for fish and coconuts.If the terms of trade are 2  1 / 2  fish per coconut,then Lambda and Beta would be able to benefit from specialization and trade.
-Exhibit 17-1 shows the production possibilities frontiers for the countries of Lambda and Beta for fish and coconuts.If the terms of trade are 2 1/21 / 2 fish per coconut,then Lambda and Beta would be able to benefit from specialization and trade.

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