The theory of comparative advantage suggests that a(n):

Question

Quizplus · Accepted Answer

The theory of comparative advantage suggests that a country should specialize in producing goods or services for which it has a lower opportunity cost. This means that a country should focus on producing and exporting goods or services that it can produce more efficiently and effectively than other countries, while importing goods or services that other countries can produce more efficiently and effectively. This leads to increased trade and benefits all countries involved. Therefore, choice C is the best answer.

The Theory of Comparative Advantage Suggests That A(n)