Question

If a country did not participate in international trade, Group of answer choices it's production possibilities frontier is also its consumption possibilities frontier. interdependence is greater than would be the case with trade. it is better off because it will have to learn to be self-sufficient without trade. it can still benefit from international specialization.

Answer 1

it's production possibilities frontier is also its consumption possibilities frontier

Step-by-step explanation:

The production possibilities frontier shows the various combinations for the two goods an economy can produce when all its resources are fully employed.

The consumption possibility frontier, is the budget constraint where participants in international trade can consume. When a country doesn't participate in trade, it is this constraint identical to the the production–possibility frontier