Question
what is the correct answer? 43. The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing a product
what is the correct answer?
43. The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing a product is
A) an absolute advantage.B) a relative advantage.
C) a comparative advantage.D) a productive advantage
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
