f there is international trade then a nations consumption po

f there is international trade, then a nation\'s consumption possibilities are __________ its production possibilities.

Select one:

a. less than

b. the same as

c. greater than

d. steeper than

Solution

Production possibility curve can be defined as the line by joining the points of different combination of two goods which can be produced by using all available resources efficiently.

A international trade allows a country to have more choices for the consumption compared to without trade. Hence with international trade, a nation\'s consumption possibilities are greater than its production possibilities.

Hence option c is the correct answer.

Option c ; greater than.