If Country a Has a Comparative Advantage Over Country B

question 66

True/False

If country A has a comparative advantage over country B in the production of good X, then the opportunity cost of producing good X in country A is lower than in country B.

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Definitions:

Jargon

Specialized language used by a particular profession or group that may be difficult for outsiders to understand.

Jargon

Specialized language used by a particular group or profession that may be difficult for outsiders to understand.

Collaboration

The action of working with someone to produce or create something.

Nonverbal Communication

A form of communication that involves the transmission of messages without the use of words, using body language, facial expressions, gestures, posture, and tone of voice instead.