A country has a comparative advantage in producing a good when it can produce more of that good than another country can.

Name: A country has a comparative advantage in producing a good when it can produce more of that good than another country can.
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Question

Quizplus · Accepted Answer

A country has a comparative advantage in producing a good when it can produce that good at a lower opportunity cost than another country, not necessarily in larger quantities.

A Country Has a Comparative Advantage in Producing a Good