Comparative advantage implies that a country will specialize in producing the commodity?
ECONOMICS
JAMB 1993
Comparative advantage implies that a country will specialize in producing the commodity?
- A. with the highest opprotunity cost
- B. for which output per worker is lower than in other countries
- C. with the lowest opportunity cost
- D. for which output per worker is the same with those of other countries
Correct Answer: C. with the lowest opportunity cost
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