Multiple Choice
Which of the following statement is true?
A) A country has a comparative advantage in producing a good if the opportunity cost for producing the good is higher at home than in the other country.
B) A country has a comparative advantage in producing a good if the opportunity cost for producing the good is the same at home and in the other country.
C) A country has a comparative advantage in producing a good if the opportunity cost for producing the good is lower at home than in the other country.
D) None of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
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