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Which of the following statements is true?

A. A nation will generally be able to consume less when it trades because of lost jobs to outsourcing

B. The consumption possibilities curve generally crosses the production possibilities curve.

C. A nation that decides to specialize and trade is no longer limited to the options shown by its production

D. The consumption possibilities curve generally lies below the production possibilities curve

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91704158

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