what is comparitve advantage determined by

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what is comparitve advantage determined by

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Asked 6/18/2012 5:57:20 AM

Updated 11/18/2023 12:31:43 PM

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User: who are the two major trading partners of the united states

User: who are the opec nations

User: who are the OPEC nations

User: who consists of the OPEC nations

User: are there gains from specialization and trade whenever the opportunity costs are significantly different in different countries

User: what is comparitve advantage determined by

Weegy: Comparative advantage is a condition of a producer where it is better suited for production of one good than another good. [ In order to determine if comparative advantages exist between the two countries, you have to figure out the opportunity cost of making one unit of one of the items. ]
Expert answered|lhyn29lhyn|Points 465|

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Question

Asked 6/18/2012 5:57:20 AM

Updated 11/18/2023 12:31:43 PM

2 Answers/Comments

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The two major trading partners of the united states are:Canada and Mexico.

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Added 11/18/2023 12:28:20 PM

Deleted by SuBaRe [11/18/2023 12:31:46 PM], Unflagged by SuBaRe [3/31/2024 1:03:46 PM]

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The two major trading partners of the united states this 2023 are:Canada and Mexico.

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Added 11/18/2023 12:31:43 PM

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