Two countries that specialize their production along the lines of comparative advantage and then trade with each other will be able to:
A) both produce and consume more.
B) produce more and consume less.
C) produce less and consume more.
D) both produce and consume less.

Question

Quizplus · Accepted Answer

When countries specialize based on comparative advantage and trade, they can produce more efficiently and consume more than they could in isolation, leading to increased overall production and consumption.

Two Countries That Specialize Their Production Along the Lines of Comparative