Question

When a country has a comparative advantage in producing a certain good,

A: the country should import that good.
B: the country should produce just enough of that good for its own consumption.
C:the country’s opportunity cost of that good is high relative to other countries’ opportunity costs of that same good.
D: then specializing in the production of that good and trading for other goods could allow that country to consume at a point beyond its production possibilities frontier

Answer 1

When a country has a comparative advantage in producing a certain good, it should specialize in the production of that good and trade for other goods.

Step-by-step explanation:

A country has a comparative advantage in the production of a certain good if it can produce that good at a lower opportunity cost than other countries. When a country has a comparative advantage in producing a certain good, it means that the country’s opportunity cost of that good is high relative to other countries’ opportunity costs of the same good. In this case, the country should specialize in the production of that good and trade for other goods, as this would allow the country to consume at a point beyond its production possibilities frontier.