How can a domestic producer determine whether or not it has a comparative advantage in the production of a good or service?

Question

Quizplus · Accepted Answer

A domestic producer can determine if it has a comparative advantage in the production of a good or service by comparing the price it receives for that good or service to the world price. If the domestic price is lower than the world price, it suggests that the domestic producer can produce the good or service at a lower cost than producers in other countries, indicating a comparative advantage.

How Can a Domestic Producer Determine Whether or Not It