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emlaai emlaai
wrote...
Posts: 443
4 years ago
For a nation to have ________ in producing a good it must have a lower opportunity cost of producing that good than the other country.

▸ an autarky advantage

▸ a comparative advantage

▸ an absolute advantage

▸ both a comparative advantage and an absolute advantage
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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vvnluuvvnluu
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Posts: 384
4 years ago
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