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Title: As a whole, nations are better off after trade and specialization because: Post by: mbowdish on Jul 22, 2019 As a whole, nations are better off after trade and specialization because:
▸ nations can consume along their consumption possibilities curve, which is outside of their production possibilities curve. ▸ nations can consume along their production possibilities curve, which is outside of their consumption possibilities curve. ▸ nations can consume along their consumption possibilities curve, which is inside of their production possibilities curve. ▸ nations experience an inward shift of their production possibilities curve. Title: As a whole, nations are better off after trade and specialization because: Post by: ccnastopoulos on Jul 22, 2019 nations can consume along their consumption possibilities curve, which is outside of their production possibilities curve.
Title: As a whole, nations are better off after trade and specialization because: Post by: mbowdish on Jul 22, 2019 Smart ... Thanks!
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