Business

Business, 27.08.2019 12:30, rk193140

Is the ability of a country to produce a specific good at a lower opportunity cost than its trading partners.

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Business, 16.09.2019 03:00, helphelp81

When a country has a comparative advantage in the production of a good, it means that it can produce this good at a lower opportunity cost than its trading partner. then the country will specialize in the production of this good and trade it for other goods?

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Business, 02.10.2019 04:30, bellarae502

Select the correct definition of the term "comparative advantage." the ability to produce a good or service at a lower opportunity cost than another the ability to produce a good or service at a higher opportunity cost than another a nation offering more favorable trade policy with its allies than with other countries the ability to produce less of a good or service than another over a specified time period the ability to produce more of a good or service than another over a specified time period

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Biology, 11.10.2019 03:00, leilaelmazry

Comparative advantage means the ability to produce a good or service the ability to produce a good or service 1. more efficiently than another country. 2. with a lower opportunity cost than another country. 3. less efficiently than another country. 4. with a higher opportunity cost than another country.

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