When a product’s components are made in the country that can produce them at a high level of productivity and assemble them in a

Question

Evgen [1.6K]

3 years ago

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When a product’s components are made in the country that can produce them at a high level of productivity and assemble them in a

nother country where productivity in assembly is high, it resembles the theory of ________.

Business

1 answer:

hjlf · Answer 1 · 2022-09-14T02:19:06+03:00

Answer:comparative advantage

Explanation:Comparative advantage is when a country produces a good or service for a lower opportunity cost than other countries. Opportunity cost measures a trade-off. A nation with a comparative advantage makes the trade-off worth it. The benefits of buying its good or service outweigh the disadvantages. The country may not be the best at producing something. But the good or service has a low opportunity cost for other countries to import.