If Canada has a comparative advantage over Denmark in the production of wood, this implies that

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The concept of comparative advantage suggests that a country has a comparative advantage in producing a good if it can produce it at a lower opportunity cost than another country. In this case, if Canada has a comparative advantage over Denmark in the production of wood, it means the opportunity cost of producing wood in Canada is lower than in Denmark, not necessarily that it requires fewer resources. Comparative advantage is a key principle in international trade that suggests both countries can benefit from trade even if one is more efficient in producing all goods.

If Canada Has a Comparative Advantage Over Denmark in the Production