The nation that has a comparative advantage in a particular product will be the only world exporter
of that product.

Question

Quizplus · Accepted Answer

While a nation with a comparative advantage in a particular product may dominate the global market for that product, other nations may still have some level of production and trade in that product. The extent of a nation's comparative advantage will determine how much of the global market share it can capture.

The Nation That Has a Comparative Advantage in a Particular