Question

Which relationship BEST illustrates a comparison of absolute advantage and comparative advantage? A) A country with an absolute advantage will always have a comparative advantage in producing products. B) A country with a comparative advantage can produce a greater output of a products than a country with an absolute advantage. C) A country with an absolute advantage can produce a product at a lower opportunity cost than a country with a comparative advantage in producing all products. D) A country with a comparative advantage can produce a product at a lower opportunity cost, even if another country has an absolute advantage in the production of all goods.

Answer 1

Answer: D

Explanation: UsaTestPrep

Answer 2

D) A country with a comparative advantage can produce a product at a lower opportunity cost, even if another country has an absolute advantage in the production of all goods.

Step-by-step explanation:

Comparative advantage is when a country produces a product at a lower opportunity cost when compared with a country.

An absolute advantage is when a country produces greater quantities of a product when compared with another country.

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