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Comparative Advantage Implies That A Country Will Specialize In Producing The Commodity? - Erudites Academy

Comparative advantage implies that a country will specialize in producing the commodity?

by | Aug 6 | Economics WAEC | 0 comments

A. with the highest opportunity 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:

Option C – with the lowest opportunity cost

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