A country that can produce a good at a lower cost than another country has what kind of advantage in the production of that good.
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hello friend,
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it's comparative advantage
here is your answer
it's comparative advantage
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A country that can produce a good at a lower cost than another country has what kind of advantage in the production of that good.
Comparative advantage is an economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners.
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