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Which of the following is true of a country's production possibilities frontier? a. A country's production possibilities always equal its consumption possibilities. b. A country's

Which of the following is true of a country's production possibilities frontier?

a.

A country's production possibilities always equal its consumption possibilities.

b.

A country's consumption possibilities can never equal its production possibilities because of leakages in the system.

c.

International trade requires that a country's production possibilities exceed its consumption possibilities.

d.

The slope of a country's production possibilities frontier is equal to the absolute advantage of producing a particular good.

e.

International trade makes it possible for a country's consumption possibilities to exceed its production possibilities.

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