(a) Why is the production possibilities curve of each nation usually different? (b) Is trade still possible between two
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(a) Why is the production possibilities curve of each nation usually different? (b) Is trade still possible between two
(a) Why is the production possibilities curve of each nationusually different? (b) Is trade still possible between two nationsif they have identical production possibilities curves? (c) Underwhat conditions can no trade take place between two nations withdifferent production possibilities curves?(d) What happens if twonations are identical in every respect?