True or False: Without engaging in international trade, Freedonia and Desonia would not have been able to consume at the after-trade consumption bundles. (Hint: Base your answer to this question on the answers you previously entered on this page.) O True False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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As you did for Freedonia, use the green line (triangle symbol) to plot the trading possibilities line (TPL) for Desonia. Then place the black point (plus
symbol) on the trading possibilities line to indicate Desonia's consumption after specialization and trade.
?
SUGAR (Millions of pounds)
32
28
24
20
16
N
00
4
0
PPF
True
4
False
8
Desonia
20
12 16
GRAIN (Millions of pounds)
24
28
32
TPL
True or False: Without engaging in international trade, Freedonia and Desonia would not have been able to consume at the after-trade consumption
bundles. (Hint: Base your answer to this question on the answers you previously entered on this page.)
+
Consumption After Trade
Transcribed Image Text:As you did for Freedonia, use the green line (triangle symbol) to plot the trading possibilities line (TPL) for Desonia. Then place the black point (plus symbol) on the trading possibilities line to indicate Desonia's consumption after specialization and trade. ? SUGAR (Millions of pounds) 32 28 24 20 16 N 00 4 0 PPF True 4 False 8 Desonia 20 12 16 GRAIN (Millions of pounds) 24 28 32 TPL True or False: Without engaging in international trade, Freedonia and Desonia would not have been able to consume at the after-trade consumption bundles. (Hint: Base your answer to this question on the answers you previously entered on this page.) + Consumption After Trade
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