Social Studies, 17.05.2021 16:30 ajbyrd911
The law of comparative advantage states that a nation is better off when it produces goods and services for which it has the comparative advantage. How is a comparative advantage obtained?
A by increasing the amount of goods that are traded
B. by producing only products with a high demand value
c by limiting trade to nonrenewable products
D. by producing a product at lower cost
Answers: 3
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The law of comparative advantage states that a nation is better off when it produces goods and servi...
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