Two countries will have zero incentive to trade if their production-possibilities curves are parallel straight lines because <u>the opportunity costs for both the countries is the same, and one country has complete advantage in the good's production, which is why no incentive is provided for that country's trade.</u>
The term production possibility curve refers to the the graph where we see all the different combinations of output that can be produces using the present resources as well as technology.
Production possibility curve is also known as production possibilities frontier sometimes and they usually show tradeoffs as well as scarcity, through the graph.
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Answer:The Mayflower created laws for Mayflower Pilgrims and non-Pilgrims alike for the good of their new colony. It is a very short document that confirmed that: the colonists would remain loyal subjects to King James, despite their need for self-governance.
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Answer: knowing that he can get something he likes equally by buying the burrito because it is cheaper than a hot dog, so he doesn't have to spend more on hotdogs because he can buy a burrito for cheaper.
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It is B. <span>the use of acupuncture in the United States
I got it in the test
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