A country has a comparative advantage in a good if

Question

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A country has a comparative advantage in a good or service if it can produce it at a lower opportunity cost compared to another country. This means that the country can produce the good or service more efficiently, and therefore, can produce more units of the good or service with the same amount of resources or produce the same amount of the good or service with fewer resources than another country. This is what gives the country a comparative advantage.

A Country Has a Comparative Advantage in a Good If