When it is said that country A has a comparative advantage in the production of a good, this means that:
A) country A must give up less of other goods than other countries to produce one more unit of that good.
B) the raw material cost to produce the good is less in country A than in other countries.
C) country A is not efficient in the production of the good.
D) country A cannot benefit from trade.
Correct Answer:
Verified
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