Which of the following is a source of comparative advantage?

Question

Quizplus · Accepted Answer

Specialized skills can give a country or firm a comparative advantage in producing a certain product or providing a certain service. This can lead to lower costs, higher quality, or other advantages compared to competitors. Small-scale production and scarce inputs may actually lead to higher costs and lower efficiency, while high tariff rates can make it harder to compete in foreign markets.

Which of the Following Is a Source of Comparative Advantage