If France can produce grapes at a lower opportunity cost than any other nation,France is said to have a(n)________ in the production of grapes.

Question

Quizplus · Accepted Answer

If France can produce grapes at a lower opportunity cost than any other nation, then France has a comparative advantage in the production of grapes. This means that France can produce grapes at a lower opportunity cost than any other country and should focus on producing grapes relative to other goods and services in order to maximize its efficiency and productivity.

If France Can Produce Grapes at a Lower Opportunity Cost