题目内容
With increasing opportunity costs, a nation totally specializes in the production of the commodity of its comparative advantage; with constant opportunity costs, a nation partially specializes in the production of the commodity of its comparative advantage.
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A nation's trade triangle denotes its exports, imports, and terms of trade.
International trade leads to increased welfare if a nation can achieve a post-trade consumption point lying inside of its production-possibilities schedule.
If the U.S. post-trade consumption point lies along its production possibilities schedule, the United States achieves a higher level of welfare with trade than without trade.
If productivity in the German computer industry grows faster than it does in the Japanese computer industry, the opportunity cost of each computer produced in Japan increases relative to the opportunity cost of a computer produced in Germany.
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