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When Does a Country Have a Comparative Advantage in a Product

Question 1

Multiple Choice
When does a country have a comparative advantage in a product
A)when it can produce a product more efficiently
B)when its domestic price is below the world price
C)when its domestic price is above the world price
D)when it can benefit from importing the product

When does a country have a comparative advantage in a product


A) when it can produce a product more efficiently
B) when its domestic price is below the world price
C) when its domestic price is above the world price
D) when it can benefit from importing the product

Correct Answer:

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