The key to computing comparative advantage is:

Name: The key to computing comparative advantage is:
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Question

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Comparative advantage is measured by opportunity cost. The opportunity cost of producing a good or service is the value of the next best alternative forgone or given up to produce that good or service. By comparing the opportunity costs of producing a good or service in two different countries, we can determine which country has a comparative advantage in producing that good or service.

The Key to Computing Comparative Advantage Is