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Country a Has a Comparative Advantage Over Country B in the Production

question 2

True/False

Country A has a comparative advantage over country B in the production of a good if the opportunity cost of producing the good in country A is less than in country B.
B.
True; Basic


Definitions:

Principal Shortcoming

The main or most significant deficiency or weakness in a system, plan, or individual.

Development

A process of growth, progress, or evolution in various contexts such as technology, society, economy, or personal skills.

Department Manager

A person who oversees a specific department within an organization, managing its operations and employees.

Promoter

An individual or company that organizes and provides the initial capital, talent, or other resources to start a venture or event.

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