Suppose That a Good That Was Formerly an Import Becomes

question 25

Essay

Suppose that a good that was formerly an import becomes an export,perhaps after an import substitution and export promotion strategy.How is this change reflected in the production possibility frontier?

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Definitions:

Groundwater Contaminates

Substances that pollute or degrade the quality of groundwater, including chemicals, waste products, or pathogens.

Landfills

Designated areas where waste is disposed of by burial, often compacted and covered with soil to prevent contamination of the environment.

Service Stations

Facilities where motorists can refill their vehicle's fuel tank, and often also contains a convenience store or mechanic shop for minor repairs.

Water Contamination

The presence of harmful chemicals, pollutants, or pathogens in water, making it unsafe for consumption or use.