What is the principle of comparative cost advan... - SS3 Economics Principle of Comparative Cost Advantage And Its Limitations Question
What is the principle of comparative cost advantage?
A
The idea that countries should specialize in producing goods they are good at producing
B
The idea that countries should produce everything they need domestically
C
The idea that countries should produce only what they are efficient at producing
D
The idea that countries should import all goods they need
correct option: c
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