Question : 54) Specialization and trade make a country better off because : 1241432
54) Specialization and trade make a country better off because with trade, the country can consume at a point A) outside its production possibilities frontier. B) inside its production possibilities frontier. C) on its production possibilities frontier. D) on its trading partner’s production possibilities frontier. E) inside its trading partner’s production possibilities frontier. 55) By specializing and trading, a country is able to […]