Question on: SS3 Economics - Principle of Comparative Cost Advantage And Its Limitations

What is one of the benefits of the principle of comparative cost advantage?

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A

It enables countries to access a wider variety of goods and services

B

It encourages countries to produce everything they need domestically

C

It leads to decreased productivity and economic growth

 

D

It promotes unequal distribution of gains between countries

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Correct Option: A

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