When a Country Has a Comparative Advantage in Producing a Certain

question 3

Multiple Choice

When a country has a comparative advantage in producing a certain good,

• A)the country should import that good.
• B)the country should produce just enough of that good for its own consumption.
• C)the country's opportunity cost of that good is high relative to other countries' opportunity costs of that same good.
• D)None of the above is correct.

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Definitions:

Social Media Network

A digital platform designed to facilitate social interaction and content sharing among users.

Americans

Americans are citizens or residents of the United States of America.

Instagram

A social media platform that allows users to share photos and videos, engage with followers through likes, comments, and stories.

Lack of Restriction

A situation or condition where there are no or minimal limitations or boundaries imposed.