teallouse837Lv1
6 Nov 2021
Problem 28
Page 802
Section: CRITICAL THINKING QUESTIONS
Chapter 33: International Trade
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6 Nov 2021
Introduction
Comparative advantage is the efficiency of a country to manufacture a specific product at the lowest cost than it’s any other country it is trading with. It is an ability of a nation to sell or produce products at a lower price than that of its trade competitors.
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