Country A has a comparative advantage over country B in the production of a good if the opportunity cost of producing the good in country A is less than in country B.

Question

Quizplus · Accepted Answer

This is the definition of comparative advantage. If country A can produce a good using fewer resources or with a lower opportunity cost than country B, then it has a comparative advantage in producing that good.

Country a Has a Comparative Advantage Over Country B in the Production