Question
Which term describes the situation in which one region is better at producing a certain good due to its geographic circumstances?(1 point)
Responses
comparative advantage
comparative advantage
globalization
globalization
interdependence
interdependence
urbanization
Responses
comparative advantage
comparative advantage
globalization
globalization
interdependence
interdependence
urbanization
Answers
GPT-4o mini
The term that describes the situation in which one region is better at producing a certain good due to its geographic circumstances is **comparative advantage**.