India Has a Comparative Advantage Compared to Spain in the Production

question 187

Multiple Choice

India has a comparative advantage compared to Spain in the production of clothing if

• A) India can produce clothing at a lower monetary cost than Spain can.
• B) India can produce clothing using fewer resources than Spain can.
• C) the demand for clothing is higher in India than in Spain.
• D) India can produce clothing at a lower cost in terms of other goods than Spain can.