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lara31 [8.8K]
4 years ago
7

1. Define comparative advantage, and explain how a country gets a comparative advantage in the production of a certain good.

Business
1 answer:
Varvara68 [4.7K]4 years ago
6 0

Answer:

Explanation:

Comparative advantage means that a country can produce a good or service cheaper and more efficiently than another country or group of countries.

This can be accomplished through technology, a trained workforce, learning curve, etc.

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