asked 70.5k views
4 votes
If the Netherlands enjoys comparative advantage in the production of dairy products, it implies that the opportunity cost of producing dairy products in the Netherlands is greater than that of its trading partners.

a. True.
b. False.

asked
User Toad
by
7.9k points

1 Answer

6 votes

Answer:

False

Step-by-step explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with its trading partners.

I hope my answer helps you

answered
User Ankit Kante
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.