Solved

In Our Simple Trade Model,having a Comparative Advantage in a Product

Question 66

Multiple Choice

In our simple trade model,having a comparative advantage in a product implies that a country will specialize completely in the product


A) with the highest opportunity cost.
B) with the lowest opportunity cost.
C) where total output is lower per worker-hour.
D) where total output is greater per worker-hour.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions