The use of comparative advantage in international trade:

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Comparative advantage refers to the ability of a country to produce a certain good or service at a lower opportunity cost than another country. This allows countries to specialize in the production of goods they are most efficient at producing and trade with other countries for goods they are less efficient at producing. The principle of comparative advantage benefits all countries involved in trade by increasing efficiency and promoting specialization. It does not only benefit larger or developed countries and does not determine what goods a country should produce.

The Use of Comparative Advantage in International Trade