Question
In the context of trade Comparative Advantage is
Group of answer choices
when a country richer than other countries
when a particular country produces items with the lowest opportunity cost, items that best fit it's resources
when a country is poorer compared to other countries
when a country can produce a greater volume of high demand products compared to other countries
Group of answer choices
when a country richer than other countries
when a particular country produces items with the lowest opportunity cost, items that best fit it's resources
when a country is poorer compared to other countries
when a country can produce a greater volume of high demand products compared to other countries
Answers
GPT 3.5
The correct answer is: when a particular country produces items with the lowest opportunity cost, items that best fit its resources.