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Foreign Country's production possibility frontier (PP) has a bowed-out shape. Which of the following is the most like reason? A. Foreign Country is a very
Foreign Country's production possibility frontier (PP) has a bowed-out shape. Which of the following is the most like reason?
A. Foreign Country is a very big country.
B. Foreign Country is a very small country.
C. Foreign Country is not trading with any other countries.
D.Foreign Country is experiencing diminishing marginal product.
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