Which of the following does NOT help organize trade?
A) markets
B) property rights
C) the production possibilities frontier
D) None of the above because all these answers given help organize trade.

Question

Quizplus · Accepted Answer

The production possibilities frontier illustrates the maximum combinations of two goods that can be produced with given resources and technology. While it is useful for analyzing efficient production, it does not directly aid in organizing trade. Markets and property rights, on the other hand, are essential for facilitating trade by establishing a system of exchange and protecting individuals' ownership over goods and services.

Which of the Following Does NOT Help Organize Trade