If the Opportunity Cost Is Constant (The PPF Is a Straight

question 19

Multiple Choice

If the opportunity cost is constant (the PPF is a straight line) , then a country will:

• A) partially specialize in the production of its exported product.
• B) completely specialize in the production of its exported product.
• C) not benefit from importing goods from another country.
• D) benefit by raising trade barriers.

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Definitions:

Cornell University

A prestigious private and statutory Ivy League research university located in Ithaca, New York, known for its diverse academic programs.

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