77.6k views
4 votes
For a country to have a comparative advantage in a good, it must have:

1 Answer

4 votes
For a country to have a comparative advantage it means it can produce something and can lower it prices, not necessarily in volume, compared to other countries. Most important concept in comparative advantage, both parties can mutually benefit with one another.
User Eatsfood
by
7.5k points

No related questions found