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A comparative advantage is the ability of a country to produce a particular good or service at a lower than another country
A comparative advantage is the ability of a country to produce a particular good or service at a lower opportunity cost than another country.
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Asked 11/6/2013 8:25:01 AM
Updated 11/23/2016 11:21:34 PM
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A comparative advantage is the ability of a country to produce a particular good or service at a lower opportunity cost than another country.
Added 11/23/2016 11:21:34 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [11/24/2016 2:11:10 AM]
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Questions asked by the same visitor
Which of the following scenarios would not be considered part of the informal sector? A. Jane sells copies of illegally downloaded videos to her friends. B. Allen, a middle school student, is paid to mow lawns for his neighbors. C. Miguel pays cash for a stack of children s books at a yard sale. D. Erin pays taxes on each paycheck she receives at work
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Updated 9/30/2016 7:04:19 AM
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Jane sells copies of illegally downloaded videos to her friends. This is not considered an informal sector.
Added 9/30/2016 7:04:19 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/30/2016 2:34:48 PM]
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