What does a production point beyond the production possibilities frontier represent?

The table above gives data for the nation of Pearl, a small island in the South Pacific. The economy is at full employment when real GDP is

A) $31 billion. B) $34 billion. C) $28 billion. D) $22 billion. E) $25 billion.

One reason that international trade is restricted is that

A) the individual gain to parties who benefit from the protection is much larger than the individual loss to parties who lose. B) the government completely pays the losers from international trade for their losses. C) protectionism benefits consumers. D) the government cannot measure the cost of protectionism.