If France can produce grapes at a lower opportunity cost than any other nation, France is said to have a(n) _______ in the production of grapes.
A) autarky
B) comparative disadvantage
C) comparative advantage
D) absolute advantage
Correct Answer:
Verified
Q29: Q30: For a nation to have a comparative Q31: A tariff is a: Q32: Suppose there are only 2 nations A Q33: As a whole, nations are better off Q35: As punishment to Europe for refusing to Q37: The difficulty with enforcing anti- dumping laws Q38: What are some of the reasons why Q39: Suppose the US imposes a ban on Q51: ![]()
A) limit on the![]()
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