comparative advantage exists when a country can produce a good or service at a lower cost than other…

comparative advantage exists when a country can produce a good or service at a lower cost than other countries. true false

comparative advantage exists when a country can produce a good or service at a lower cost than other countries. true false

Answer

Brief Explanations:

Comparative - advantage is based on opportunity - cost, not absolute cost. A country has a comparative advantage when it can produce a good or service at a lower opportunity - cost than other countries.

Answer:

B. False