If nation A can produce a product at a lower opportunity cost per unit than nation B,nation A

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Quizplus · Accepted Answer

When nation A can produce a product at a lower opportunity cost per unit than nation B, it has a comparative advantage. Comparative advantage means that nation A can produce a good at a lower opportunity cost than nation B, and nation B can produce a different good at a lower opportunity cost than nation A. This allows nations to specialize in producing the good for which they have a comparative advantage and trade with each other to mutually benefit from lower costs and increased efficiency.

If Nation a Can Produce a Product at a Lower