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Which of the Following Best Describes Comparative Advantage

Question 271

Multiple Choice

Which of the following best describes comparative advantage?


A) being able to produce more output than any other country
B) using the fewest number of resources to produce a given amount of output
C) having the largest number of resources compared to other countries
D) forgoing the fewest units of one product to produce a unit of another product
E) It is the same as absolute advantage.

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