Even though the United States manufactures textiles,China is able to produce them more efficiently.Thus,China has a _____ in manufacturing textiles.

Question

Quizplus · Accepted Answer

China's ability to produce textiles more efficiently than the United States means it has a comparative advantage in manufacturing textiles. Comparative advantage refers to the ability of a country to produce a particular good or service at a lower opportunity cost than others.

Even Though the United States Manufactures Textiles,China Is Able to Produce