quiz: the global business environment\nonly your highest - score quiz attempt for this module counts toward…
quiz: the global business environment\nonly your highest - score quiz attempt for this module counts toward your grade.\nquestion 9\nwhen determining comparative advantage, one must consider:\nopportunity cost.\nshipping routes.\nreplenishing natural resources.\nthe quantity of competitors.
Answer
Brief Explanations:
Comparative advantage is determined by opportunity - cost. It refers to the ability of an entity to produce a good or service at a lower opportunity cost than others. Shipping routes, replenishing natural resources, and quantity of competitors are not the core factors in determining comparative advantage.
Answer:
A. opportunity cost