Comparative advantage occurs when
(a) A country can produce more goods than anyone else
(b) A country has a lower opportunity cost in the production of a good than any other country
© A country has more product lines than other countries
(d) The exchange rate appreciates.
(a) A country can produce more goods than anyone else
(b) A country has a lower opportunity cost in the production of a good than any other country
© A country has more product lines than other countries
(d) The exchange rate appreciates.