Comparative advantage is about _____ resources to _____.

Question

Quizplus · Accepted Answer

Comparative advantage is about reallocating resources (such as labor, materials, and capital) to their better uses. This means that resources should be used in the industries or activities where they are most efficient and where they can generate the most value. For example, if a country has a comparative advantage in producing coffee, it should allocate more resources to coffee production instead of trying to produce goods or services where it is less efficient.

Comparative Advantage Is About _____ Resources to _____

Comparative Advantage Is About _ Resources to _