Question: The consumption possibilities frontiers shown in Exhibit 4 assume terms of trade of 1 unit of clothing for 1 unit of food. What would the

The consumption possibilities frontiers shown in Exhibit 4 assume terms of trade of 1 unit of clothing for 1 unit of food. What would the consumption possibilities frontiers look like if the terms of trade were 1 unit of clothing for 2 units of food?

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