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The law of comparative advantage states that A. nations should never import goods, but only export goods. B. nations should only produce goods which they have available natural resources for.
C. a nation is better off when it produces goods and services that it has an absolute advantage in producing. D. a nation is better off when it produces goods and services that it has a comparative advantage in producing.
The law of comparative advantage states that: B. nations should only produce goods which they have available natural resources for.
Expert answered|andrewpallarca|Points 28345|
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Asked 12/16/2013 11:45:52 AM
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