Relative to its trading partners, which goods are the most economically feasible for a country to export?

Question

Quizplus · Accepted Answer

A country should export the goods for which it has the lowest opportunity cost. This means that the country is giving up the least amount of other goods in order to produce and export a particular good, making it more economically efficient to specialize in that particular good. This allows the country to trade with other countries and receive goods that it has a higher opportunity cost to produce domestically.

Relative to Its Trading Partners, Which Goods Are the Most