In the specific factors model, a country's production possibility frontier is because of

a curved line; diminishing marginal returns

Explanation:

Specific Factors Model is simply a model answers the question below: How trade affect the earnings of labor, land and capital, We turn our focus to the Home and Foreign countries with slightly different assumptions. Its assumptions includes

A. countries: Home and Foreign

B. 2 goods: Manufactured goods and Agricultural goods

C. 3 factors: Labor, Land and capital. Manufacturing sector uses labor and capital only, while the agricultural sector uses land and labor only. (specific factors). And others.

The model givves new perspectives on the sharing of the profits from trade within a country.

f high

explanation:

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.