Disparities in opportunity cost among competitors are the cause of

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Comparative advantage refers to a situation where one country or individual can produce a good or service at a lower opportunity cost than another country or individual. This means that they would give up fewer goods or services to produce the same amount of output. Disparities in opportunity cost between competitors are the cause of comparative advantage, and this concept forms the basis of international trade.

Disparities in Opportunity Cost Among Competitors Are the Cause of