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8 December, 18:34

Explain how trade could be responsible for the change in the production possibilities curve shown above.

A) Canada increased its exports to foreign countries of both capital and consumer goods.

B) Canada increased imports of resources used in the production of both consumer and capital goods.

C) Canada decreased imports of resources used in in the production of both consumer and capital goods.

D) Canada increased trade barriers and reduced imports of foreign goods and services, as well as foreign resources

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Answers (2)
  1. 8 December, 21:04
    0
    Answer: b

    Explanation: I had the sameness USA TEST PREP and I just checked the answer.
  2. 8 December, 21:25
    0
    Your correct answer is B) Canada increased imports of resources used in the production of both consumer and capital goods.
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