Multiple Choice
Identify a true statement about comparative advantage.
A) It is the tendency of a country to choose goods that have a higher opportunity cost compared to other countries.
B) It stays the same regardless of the changes in the technology or workforce in a country.
C) It is affected by major trade barriers to international trade.
D) It always remains static for developing countries.
Correct Answer:
Verified
Correct Answer:
Verified
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