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13. According to the two production possibility curves shown, Country A should specialize in the production of which of the following? Corn (tons) 6 5

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13. According to the two production possibility curves shown, Country A should specialize in the production of which of the following? Corn (tons) 6 5 4 3 2 1 Country A Country B 0 2 15 Wheat (tons) a. Wheat b. Both corn and wheat c. Corn d. Neither corn nor wheat. a. 14. Which of the following is NOT a benefit of specialization and exchange? Taxes will be reduced. b. A country can produce beyond its production possibility curve. c. Larger quantities of goods and services can be produced. d. Resources can be used more efficiently

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