In terms of international marketing, a mine in Spain that produces one-third of the world's mercury gives Spain a comparative advantage.

Question

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A comparative advantage exists when a country can produce a good at a lower opportunity cost than other countries. Spain producing a significant portion of the world's mercury suggests it has a comparative advantage in mercury production, likely due to factors like natural resources, technology, or skilled labor, making it more efficient in mercury production compared to other countries.

In Terms of International Marketing, a Mine in Spain That