According to the theory of comparative advantage, a country exports goods when it can produce those goods ________ than other countries.
A) at a lower opportunity cost
B) at a higher opportunity cost
C) using fewer resources
D) using more resources

Question

Quizplus · Accepted Answer

The theory of comparative advantage suggests that a country will export goods that it can produce at a lower opportunity cost compared to other countries, allowing it to specialize in the production of those goods and trade for others, thereby increasing overall economic efficiency.

According to the Theory of Comparative Advantage, a Country Exports