Q485
A country is said to have a comparative advantage in the production of a good when:
A.
it can produce more of it than any other country
B.
it has captured a larger share of the world market than any other country
C.
it can produce it at a lower opportunity cost than its trading partners
AnswerD.
its costs of production tor the good are lower than in other countries
Answer: Option C
Solution
Answer: Option C
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