The law of comparative advantage states that

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The law of comparative advantage states that

The law of comparative advantage states that if countries specialise in producing goods where they have a lower opportunity cost then there will be an increase in economic welfare.

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Asked 12/8/2015 12:46:45 AM

Updated 12/8/2015 3:17:45 AM

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Edited by selymi [12/8/2015 3:17:37 AM]

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The law of comparative advantage states that if countries specialise in producing goods where they have a lower opportunity cost then there will be an increase in economic welfare.

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Added 12/8/2015 3:17:45 AM

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