Multiple Choice
According to the principle of comparative advantage, countries
A) should specialise in the production of goods that they enjoy consuming.
B) with a comparative advantage in the production of every good need not specialise.
C) should specialise in the production of goods for which they have a lower opportunity cost of production than their trading partners.
D) should specialise in the production of goods for which they use fewer resources in production than their trading partners.
Correct Answer:

Verified
Correct Answer:
Verified
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