The ability of a country to produce a specific good at a lower opportunity cost than its trading partners is known as
a. The inequality trap.
b. The human advantage.
c. Comparative advantage.
d. Absolute advantage.

Question

08-07-2024
Business

Answered

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The ability of a country to produce a specific good at a lower opportunity cost than its trading partners is known as
a. The inequality trap.
b. The human advantage.
c. Comparative advantage.
d. Absolute advantage.

Sagot :

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The ability of a country to produce a specific good at a lower opportunity cost than its trading partners is known asa. The inequality trap.b. The human advantage.c. Comparative advantage.d. Absolute advantage.

Sagot :

Other Questions

The ability of a country to produce a specific good at a lower opportunity cost than its trading partners is known as
a. The inequality trap.
b. The human advantage.
c. Comparative advantage.
d. Absolute advantage.