If a country has a lower opportunity cost than its potential trading partner, the country should decide to be self-sufficient.

Name: If a country has a lower opportunity cost than its potential trading partner, the country should decide to be self-sufficient.
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Question

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A country with a lower opportunity cost for producing a good should specialize in that good and trade for others, maximizing efficiency and benefits from trade according to comparative advantage principles.

If a Country Has a Lower Opportunity Cost Than Its