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question 173

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Use the following to answer questions:
Figure: PPF Goods X & Y Use the following to answer questions: Figure: PPF Goods X & Y   -Suppose a country without any international trade opens its borders to international trade. After specialization how will its location on its production possibility frontier change? A)  The country moves from inside the PPF to on the PPF. B)  The country moves from on the PPF to beyond the PPF. C)  The country moves along the PPF toward its comparative advantage. D)  The country moves along the PPF away from its comparative advantage.
-Suppose a country without any international trade opens its borders to international trade. After specialization how will its location on its production possibility frontier change?


Definitions:

Cognitive Dissonance

The psychological discomfort experienced by an individual when holding two or more contradictory beliefs, ideas, or values at the same time.

Beliefs

Convictions or acceptances that something exists or is true, especially without proof.

Behaviors

The actions, reactions, or conduct of an individual, group, or system, often analyzed in psychological or sociological contexts.

Cooperation

The action or process of working together to the same end, often by sharing knowledge or tasks.

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