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December 19, 2014

Homework Help: econ

Posted by jj on Tuesday, May 8, 2012 at 11:46pm.

Suppose the country of Maverick has specialized in the production of a good but has not yet entered into trade. At this point in time, Maverick has
A. Moved to a level of production outside its production possibilities curve.
B. Shifted its production possibilities curve outward.
C. Moved along its existing production possibilities curve.
D. Moved to a level of consumption outside its production possibilities curve.

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