As a country moves up along its "bowed-out" production-possibility curve, the opportunity cost of producing more of the good measured on the y-axis decreases.

Answer the following statement true (T) or false (F)

False

Economics

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The argument that trade in high-tech equipment can facilitate the implementation of advanced military technology in countries that may become strategic opponents later on is the

A) national security argument. B) infant industry argument. C) protecting domestic jobs argument. D) environmental and safety argument.

Economics

Retail is

A) downstream. B) upstream. C) is reversed extraction. D) impossible to outsource.

Economics