Asked by Rod
Which of the following would not result from all countries specializing according to the principle of comparative advantage?
a. Each country production possibillties frontier will shift outward.
b. Worldwide production of goods and services will increase.
c. The well-being of citizens in each country will be enhanced.
d. The size of the economic pie will increase.
a. Each country production possibillties frontier will shift outward.
b. Worldwide production of goods and services will increase.
c. The well-being of citizens in each country will be enhanced.
d. The size of the economic pie will increase.
Answers
Answered by
economyst
I disgree. I think a
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