On a diagram of a production possibilities frontier, economic growth is represented by the slope of the production possibilities frontier

An English auction is usually a(n) ________ auction

A) sealed-bid first-price B) sealed-bid second price C) penny D) open outcry

If Country A has an absolute advantage over Country B in the production of every commodity:

a. mutual gains from trade between Country A and Country B would be impossible. b. Country B would be able to gain from trade but not country A. c. the joint output of the two countries could not be increased through specialization and exchange. d. mutual gains from trade would still be possible.