Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 37 - International Trade - Quick Quiz for Figure 37.2 - Page 761: 4

Answer

A.) the United States can obtain units of coffee at less cost than it could before trade.

Work Step by Step

This is the definition of why trade makes everyone better off ( expanding beyond PPF to unattainable points).
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