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Which of the following statements is correct? I. Specialization according to comparative advantage allows a country to produce outside its production possibilities frontier II. Specialization

Which of the following statements is correct?

I. Specialization according to comparative advantage allows a country to produce outside its production possibilities frontier

II. Specialization according to comparative advantage allows a country to consume outside its production possibilities frontier

Neither statement is correct.

Both I and II

Only II

Only I

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