Which country should produce a particular good in order to maximize worldwide gains from trade?

Question

Quizplus · Accepted Answer

According to the principle of comparative advantage, a country should specialize in producing goods that it has the lowest opportunity cost of producing. In other words, the country that can produce a good at a lower opportunity cost (i.e. it gives up less of another good to produce it) than another country, should produce that good in order to maximize worldwide gains from trade.

Which Country Should Produce a Particular Good in Order to Maximize