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I need help reviewing these answers for my homework can you please help me make sure i have the right answer?
I need help reviewing these answers for my homework can you please help me make sure i have the right answer?QUESTION 1
- A country has a comparative advantage in producing some good X if it:
- a.uses fewer resources to produce good X than its trading partners do.
- b.produces good X at a lower opportunity cost than its trading partners.
- c.has more experience producing good X than its trading partners do.
- d.has more resources at its disposal than its trading partners do.
1 points