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Problem

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question

Relate the principle of comparative advantage to the concept of opportunity cost.

category

economics

options

  1. Comparative advantage is when a country can produce a good with a lower opportunity cost than another country.
  2. Comparative advantage is when a country has more resources than another country.
  3. Comparative advantage is when a country can produce more goods than another country.
  4. Comparative advantage is when a country can produce a good faster than another country.

src

stemez-Economics

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