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Costa Costa
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6 years ago
Suppose Canada produces relatively more capital goods and relatively fewer consumer goods, while Australia produces relatively more consumer goods and relatively fewer capital goods. Other things being equal:
A) Canada's production possibility curve will shift out more quickly than Australia’s
B) Australia’s production possibility curve will shift out more quickly that Canada’s
C) it is impossible to tell which country's production possibility curve will shift out more quickly
D) neither country's production possibility curve will shift outward
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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