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If a country has a bowed out production possibility frontier, then production is said to be subject to: O constant opportunity costs and the country
If a country has a bowed out production possibility frontier, then production is said to be subject to: O constant opportunity costs and the country will likely completely specialize in the product of its comparative advantage. O decreasing opportunity costs and the country will likely partially specialize in the product of its comparative advantage O decreasing opportunity costs and the country will likely completely specialize in the product of its comparative advantage O increasing opportunity costs and the country will likely partially specialize in the product of its comparative advantage
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