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According to adam smith, a nation should concentrate on producing the goods in which it ________.

User Mashiro
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Answer:

has an absolute advantage in producing the product

Step-by-step explanation:

User Raphel
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Answer:

Step-by-step explanation:

According to Adam Smith, a nation should concentrate on producing the goods in which it has a comparative advantage. This means that a country should specialize in producing the goods that it can produce at a lower opportunity cost than other countries. By specializing in producing certain goods, a country can become more efficient and increase its overall productivity, which can lead to economic growth and increased living standards for its citizens.

User Moazzem Hossen
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