Question

Nations usually __________ industries and activities in which they have a comparative advantage over other nations.
A.
negotiate treaties for
B.
specialize in
C.
avoid
D.
give the government control over

Please select the best answer from the choices provided.

A
B
C
D

Answer 1

B

Nations tend to specialize in industries and activities where they have a comparative advantage — producing goods or services at lower opportunity cost than other countries.