Suppose That International Trade Results in an Outward Shift in a Country's

question 209

Multiple Choice

Suppose that international trade results in an outward shift in a country's production possibilities frontier.This would be described as

• A) dynamic gains from trade.
• B) static gains from trade.
• C) protectionist gains from trade.
• D) allocative gains from trade.

---

Definitions:

Contrasting Ideas

The presentation of thoughts or concepts that are opposite or very different from each other to highlight their differences.

Mobile Devices

Portable electronic devices, such as smartphones and tablets, designed for use on the go.

Active

Engaging or ready to engage in physically energetic pursuits or the state of being involved in a particular activity or sphere.

Mobile Device

Electronic handheld equipment that enables the user to access, process, and communicate information wirelessly, such as tablets and smartphones.