If the United States has a comparative advantage over France in producing corn, the opportunity cost of the United States producing corn is lower than France's opportunity cost of producing corn.

Question

Quizplus · Accepted Answer

If the US has a comparative advantage in producing corn, it means that they can produce corn at a lower opportunity cost than France. This means that the US has to give up fewer resources and production of other goods in order to produce corn.

If the United States Has a Comparative Advantage Over France