Comparative Advantage in Production of a Good Occurs

question 174

Multiple Choice

Comparative advantage in production of a good occurs

• A) when a country can produce that good using fewer resources than could other countries.
• B) when a country can produce that good at a greater opportunity cost than could other countries.
• C) when a country can produce that good at a lower opportunity cost than could other countries.
• D) when a country has a greater supply of natural resources required to produce that good, compared to other countries.