Introduction to Economics 2 Deneme Sınavı Sorusu #349989

At the autarky, which of the following are the same?

I. PPF

II. CPF

III. BOP

IV. FDI


I and II

 

I and III

I and IV

 

II and III

II and IV


Yanıt Açıklaması:

At the autarky, production possibilities frontier (PPF) and the consumption possibilities frontier (CPF) of a country are identical. In other words, production and consumption points are the same and they are both on the same frontier.

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