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4 weeks ago
If Italy can produce grapes at a lower opportunity cost than any other nation, Italy is said to have a(n) ________ in the production of grapes.

▸ absolute advantage

▸ comparative advantage

▸ autarky

▸ comparative disadvantage
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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wrote...
4 weeks ago
comparative advantage
wrote...
4 weeks ago
Thanks
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