A country with a comparative advantage in the production of a good will ________ production of the good and ________.

Question

Quizplus · Accepted Answer

A country with a comparative advantage in the production of a good will specialize in producing that good, leading to an increase in production. Since the country is more efficient in producing that good, it can also sell it at a lower price compared to other countries. Therefore, the country will export the good to other countries where it is in demand.

A Country with a Comparative Advantage in the Production of a Good