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What is the relationship between production costs and comparative advantage? Group of answer choices Comparative advantage identifies where the producer's absolute productivity disadvantage is relatively
What is the relationship between production costs and comparative advantage? Group of answer choices Comparative advantage identifies where the producer's absolute productivity disadvantage is relatively larger. Comparative advantage considers, "How much am I giving up to produce this good in this country?" Comparative advantage identifies the good for which the producer's absolute advantage is relatively smaller. Comparative advantage happens when the production costs for both trading partners are the same
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