Business, 09.07.2019 16:30, oliviaberta91

If you have a nation that has a production possibilities curve whereas its economy must give up 500 toys to get 1 additional laptop. suppose it can get the laptop from another country it trades with in exchange for 4,00 toys. considering what we learn this class that through international specialization and trade, a nation can consume at a point outside its production possibilities curve, and that reduces its opportunity cost of obtaining goods

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If you have a nation that has a production possibilities curve whereas its economy must give up 500...