In the theory of comparative advantage, a good should be produced in that nation where:

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The theory of comparative advantage states that a good should be produced in the country where its opportunity cost is the lowest, i.e., where its cost is least in terms of alternative goods which might otherwise be produced. This allows countries to specialize in producing the goods where they have a comparative advantage, which leads to increased trade and overall efficiency gains. Therefore, option B is the correct choice. Option A refers to a production possibilities curve and trading possibilities line, which is not directly related to comparative advantage. Option C refers to absolute cost, which is not necessarily relevant in the context of comparative advantage. Option D refers to money cost, which may not reflect the true opportunity cost of producing a good.

In the Theory of Comparative Advantage, a Good Should Be