When nations specialize in producing goods for which they have a comparative advantage and engage in international trade, consumption gains are possible for those nations. a. true b. false

TRUE

Explanation:

The correct answer is TRUE.

when a nation is producing specialized good in which they have a comparative advantage then there is gain for that nation.

Nation specialized in the production of certain goods increase the efficiency of the nation. Specialization helps the production of the good in less cost and which increases the profit.

If the profit of the country increases then the earning of the people increases.

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.

the values of the selma marchers was to bring   their ability to vote into law. mlk was not hat march, which was protesting toward lbj