asked 216k views
3 votes
How can you explain comparative advantage to someone who never studied economics?

asked
User Tacobot
by
7.4k points

1 Answer

2 votes

Answer:

Comparative advantage occurs when one country can produce a good or service at a lower opportunity cost.

Step-by-step explanation:

answered
User Vik Santata
by
9.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.