MCQOPTIONS
Saved Bookmarks
| 1. |
If a nation has a comparative advantage in the production of a good, |
| A. | it can produce that good at a lower opportunity cost than its trading partner |
| B. | it can benefit by restricting imports of that good |
| C. | it can produce that good using fewer resources than its trading partner. |
| D. | it must be the only country with the ability to produce that good |
| Answer» B. it can benefit by restricting imports of that good | |