Answered

A comparative advantage is the ability of a country to produce a particular good or service at a lower
than another country.
a. opportunity cost
b. production cost
c. absolute advantage
d. manufacturing advantage
Please select the best answers from the choices provided.
OA
C
OD
0000



Answer :

GinnyAnswer

Final answer:

Comparative advantage in economics refers to a country's ability to produce goods at a lower opportunity cost.


Explanation:

Comparative advantage is the ability of a country to produce a particular good at a lower opportunity cost than another country. It allows countries to specialize in what they can produce efficiently, leading to increased global production and trade.


Learn more about Comparative Advantage here:

https://brainly.com/question/32607605


Other Questions