1. ECONOMICS, 5e Trade, Tradeoffs, and Economic Systems Roger Arnold
CHAPTER 2
Trade, Tradeoffs, and Economic Systems

2. Exhibit 1 Production by Elizabeth and Brian
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

3. Exhibit 2 Consumption for Elizabeth and Brian with and without Specialization and Trade
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

4. Exhibit 3 Production Possibilities Frontier (Constant Opportunity Costs)
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

5. Exhibit 4 Production Possibilities Frontier (Changing Opportunity Costs)
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

6. Exhibit 5 A Summary Statement about Increasing Opportunity Costs and a Production Possibilities Frontier that Is Bowed Outward (Concave Downward)
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

7. Exhibit 6 Efficiency, Inefficiency, and Unemployed Resources within a PPF Framework
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

8. Exhibit 7 Economic Growth within a PPF Framework
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

9. Exhibit 8 Political Debates, Economic Growth, and the PPF
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing

10. Exhibit 9 The Collapse of the Former Soviet Union within a PPF Framework
Arnold Economics, 5e / Ch. 2 Trade, Tradeoffs, and Economic Systems
©2001 South-Western College Publishing