Since the 1980s, australia has increased its role in international trade significantly. which of these actions would have to achieve this result? a) raising domestic taxes b) reducing barriers to trade c) focusing only on importing d) becoming politically liberal

b

Explanation:

reducing barriersr to trade

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b

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe