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    International Economics Study Set 12
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    Exam 2: Foundations of Modern Trade Theory Comparative Advantage
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    Figure 2.1. Production Possibilities Frontier
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Figure 2.1. Production Possibilities Frontier

Question 106

Question 106

Multiple Choice

Figure 2.1. Production Possibilities Frontier Figure 2.1. Production Possibilities Frontier    -Refer to Figure 2.1.If the relative cost of aluminum were to rise, then the production possibilities frontier would A)  become steeper. B)  become flatter. C)  shift inward in a parallel manner. D)  shift outward in a parallel manner.
-Refer to Figure 2.1.If the relative cost of aluminum were to rise, then the production possibilities frontier would


A) become steeper.
B) become flatter.
C) shift inward in a parallel manner.
D) shift outward in a parallel manner.

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