The slope of the production possibilities curve is positive if there is free trade.
a. true
b. false
Answer: b. false
Economics
You might also like to view...
What is the basis of the "Cheap Foreign Labor" argument and what are its weaknesses?
What will be an ideal response?
Economics
Explain the conditions that are met when a consumer has found the best affordable combination of goods to buy. (Use the terms budget line, marginal rate of substitution, and relative price in your explanation.)
What will be an ideal response?
Economics