Australia has a comparative advantage in producing coal if the Australian price of coal before international trade is _______ the world price.
A) greater than
B) less than
C) equal to
D) not comparable to

Question

Quizplus · Accepted Answer

Australia has a comparative advantage in producing coal if the Australian price of coal before international trade is less than the world price, indicating that Australia can produce coal more efficiently (at a lower cost) than other countries.

Australia Has a Comparative Advantage in Producing Coal If the Australian