If a country has the “comparative advantage” in producing a good or service, that means the country…(1 point) Responses

A. Has the lowest opportunity cost for producing the good or service
B. Has the cheapest labor
C. Has the most natural resources
D. Has the “strongest” currency in the foreign exchange market

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
10 months ago

A. Has the lowest opportunity cost for producing the good or service