One country has a comparative advantage over another when it: A. can create economic growth with less trade. B. is better able to produce all of the goods it needs. C. is able to easily produce more of a good. D. can produce a good at a lower opportunity cost.

When a country manages to produce a good or service at a lower cost of opportunity than its trading partners, it means that that country has a comparative advantage. In this case, it is worth remembering that opportunity cost is the term that determines the value that a producer renounces when making a decision on which product will be produced and which will be rejected.

hayhay066 hayhay066 · Answer 2 · 2021-03-17T13:15:13+01:00

hayhay066 hayhay066

17-03-2021

Answer: can produce a good at a lower opportunity cost

Explanation: A P E X

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One country has a comparative advantage over another when it: A. can create economic growth with less trade. B. is better able to produce all of the goods it needs. C. is able to easily produce more of a good. D. can produce a good at a lower opportunity cost.​

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One country has a comparative advantage over another when it: A. can create economic growth with less trade. B. is better able to produce all of the goods it needs. C. is able to easily produce more of a good. D. can produce a good at a lower opportunity cost.