231k views
0 votes
The law of comparative advantage states that

O A) nations should never import goods, but only export goods.
ОВ)
nations should only produce goods which they have available
nabral resources for.
a nation is better off when it produces goods and services that it has
00)
an absolute advantage in producing.
OD)
a nation is better off when it produces goods and services that it has
a comparative advantage in producing.

User Ordo
by
3.4k points

1 Answer

3 votes

Answer:

D) a nation is better off when it produces goods and services that it has

a comparative advantage in producing.

Step-by-step explanation:

Comparative advantage refers to the ability of a country to produce goods and services at a lower opportunity cost than other competitors.