A nation can develop a _______ if it can supply its products more efficiently and at a lower price than it can supply other goods,compared with the outputs of other countries.
A)tariff
B)quota
C)trade restriction
D)comparative advantage

Question

Quizplus · Accepted Answer

A comparative advantage occurs when a country can produce a good at a lower opportunity cost than other countries, allowing it to trade efficiently and competitively.

A Nation Can Develop a _______ If It Can Supply