Specialization and international trade lead to
A) an outward shift in the production possibilities curve.
B) an inward shift in the consumption possibilities frontier.
C) a lower opportunity cost of domestic production of all goods.
D) an enhanced level of consumption.
Correct Answer:
Verified
Q33: Suppose Mexico has a comparative advantage relative
Q34: Suppose that opportunity costs in India and
Q35: If Abigail can produce 4 portable power
Q36: Q37: Consider a world of two countries facing Q39: Suppose that opportunity costs are constant in Q40: Consider a world with two countries and Q41: If country A exports good X to Q42: Comparative advantage is Q43: 
A) the ability to produce
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