In a two-nation world, comparative advantage in the production of a particular product means that one nation can produce

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Comparative advantage means that a nation can produce a particular product at a lower domestic opportunity cost than the other nation. This means that, by producing that product, the nation gives up less of the production of other products it could have produced instead. It does not necessarily mean that the nation can produce the product with fewer inputs, at lower average cost, or more of the product than the other nation.

In a Two-Nation World, Comparative Advantage in the Production of a Particular