Question

Comparative advantage implies that a country will


import those goods in which the country has a comparative advantage.


export those goods in which the country has a comparative advantage.


find it difficult to conclude free trade agreements with other nations.


export goods produced by domestic industries with low wages relative to its trading

partners.

Answers

GPT-4o mini
Comparative advantage implies that a country will **export those goods in which the country has a comparative advantage**. This economic principle suggests that countries should specialize in producing goods for which they have a lower opportunity cost compared to other nations, allowing them to trade these goods effectively.