Suppose the country of Maverick has specialized in the production of a good but has not yet entered into trade. At this point in time, Maverick has

Question

A. Moved to a level of production outside its production possibilities curve.
B. Shifted its production possibilities curve outward.
C. Moved along its existing production possibilities curve.
D. Moved to a level of consumption outside its production possibilities curve.

Answer 1

Moved along its existing production possibilities curve