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Title: If Country A has a comparative advantage in the production of good X relative to Country B, Post by: triciababy1 on Oct 16, 2022 If Country A has a comparative advantage in the production of good X relative to Country B,
▸ then Country A also has an absolute advantage in the production of some good other than X. ▸ then the opportunity cost of producing X in Country A is lower than in Country B. ▸ then the opportunity cost of producing X in Country A is higher than in Country B. ▸ then Country A also has an absolute advantage in the production of this good. ▸ We do not have enough information to say anything about relative opportunity costs. Title: If Country A has a comparative advantage in the production of good X relative to Country B, Post by: lampard on Oct 16, 2022 Content hidden
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