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The table below presents production data for Switzerland and France (in billions of dollars per year). According to the data, if Switzerland and France choose
The table below presents production data for Switzerland and France (in billions of dollars per year). According to the data, if Switzerland and France choose to specialize and trade, which of the following is true? Switzerland France Electronics 12.00 38.00 Perfume 4.00 18.00 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a Switzerland's PPF will rotate out and it will be able to acquire electronics at a lower opportunity cost. b Switzerland's PPF will rotate out and it will be able to acquire perfume at a lower opportunity cost. C Switzerland's PPF will shift out but its cost to acquire both electronics and perfume will stay the same. d Switzerland's PPF will shift out and it will be able to acquire both electronics and perfume at lower opportunity costs
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