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Other Fields Homework Help Economics Topic started by: Chako on Mar 11, 2016



Title: If the production possibilities frontier of one trade partner ("Country A") is bowed out (concave to
Post by: Chako on Mar 11, 2016
If the production possibilities frontier of one trade partner ("Country A") is bowed out (concave to the origin), then increased specialization in production by that country will
A) increase the economic welfare of only Country A.
B) decrease the economic welfare of Country A.
C) not affect the economic welfare of either country.
D) increase the economic welfare of both countries.
E) decrease the economic welfare of Country B.


Title: Re: If the production possibilities frontier of one trade partner ("Country A") is bowed out (concav
Post by: machukian on Apr 20, 2016
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Title: Re: If the production possibilities frontier of one trade partner ("Country A") is bowed out (concave to
Post by: Chako on Apr 25, 2016
Correct!


Title: Re: If the production possibilities frontier of one trade partner ("Country A") is bowed out (concave to
Post by: machukian on May 11, 2016
Good luck