Comparative advantage is directly related to which of the following concepts?
A) productivity
B) efficiency
C) opportunity cost
D) competition
E) fairness

Question

Quizplus · Accepted Answer

Comparative advantage is about the ability of a country to produce a particular good or service at a lower opportunity cost than another country. Therefore, it is directly related to the concept of opportunity cost.

Comparative Advantage Is Directly Related to Which of the Following