Question

How does comparative advantage benefit the United States?

a.Middle Eastern countries set prices for oil used in the United States.

b.People in the United States buy inexpensive clothes made in Mexico.

c.College students from the United States are able to study in Russia.

d.Workers and business people in the United States earn more money.

Answer 1

Option(d)

comparative advantage benefit the United States as the Workers and business people in the United States earn more money.

Step-by-step explanation:

When a country , in comparison with other countries, produce a commodity at a lower price it is termed as comparative b.

Similarly, absolute advantage is said to be a country with the use of less resources produces a commodity. Countries buy services from other countries in order to cut short their production cost.