(a)[8]
Explain how a country’s production possibility curve is determined by its factors of production.
(b)[12]
Discuss the extent to which comparative advantage explains the pattern of international trade.
Economics 9708 · AS & A Level · Production possibility curves
Production possibility curves — practice question
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This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “A model showing the possible output combinations when resources are fully employed, together with a definition and diagrammatic reference” …
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