[Answer] 10. Suppose that on the basis of a nation's production possibilities curve an economy must sacrifice 10 000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 pizzas. Relate this information to the following statement: "Through international specialization and trade a nation can reduce its opportunity cost of obtaining goods and thus move outside its production possibilities curve?

Answer: Every nation is limited by combinations of outputs which are indicated by the production possibilities curve. When international specialization occurs domestic resources are directed to output that a nation produces. International trade is exchanging of goods produced by one nation with other goods that are produced abroad. Output gains from a greater international specialization and trade present economic growth.

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10. Suppose that on the basis of a nation's production possibilities curve an economy must sacrifice 10 000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 pizzas. Relate this information to the following statement: "Through international specialization and trade a nation can reduce its opportunity cost of obtaining goods and thus move outside its production possibilities curve? Suppose that on the basis of a nation's production possibilities curve an economy must sacrifice 10000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9 000 pizzas . Suppose that on the basis of a nation's production possibilities curve an economy must sacrifice 10000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9 000 pizzas . Sat Mar 23 2019 · 12. Suppose that on the basis of a nation’s production possibilities curve an economy must sacrifice 10000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 pizzas . Question: Suppose That On The Basis Of A Nation's Production Possibilities Curve An Economy Must Sacrifice 10000 Pizzas Domestically To Get The 1 Additional Industrial Robot It Desires But That It Can Get The Robot From Another Country In Exchange For 9000 Pizzas . Relate This Information To The Following Statement...

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