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A country is able to move beyond its production possibilities curve in terms of consumption when it: Produces solely what it has a comparative advantage
A country is able to move beyond its production possibilities curve in terms of consumption when it:
- Produces solely what it has a comparative advantage in and engaging in trade with other countries
- Produces what it has a comparative disadvange and gains from trade with other countries.
- Remains in a state of autarky and produces solely what it has a comparative advantage in
- Focuses on producing what is has a comparative advantage in and taking advantage of economies of scale
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