McqMate
| Q. |
According to the principle of comparative advantage, |
| A. | 7countries should specialize in the production of goods that they enjoy consuming. |
| B. | countries should specialize in the production of goods for which they have a lower opportunity cost of production than their trading partners. |
| C. | countries with a comparative advantage in the production of every good need not specialize. |
| D. | countries should specialize in the production of goods for which they use fewer resources in production than their trading partners. |
| Answer» B. countries should specialize in the production of goods for which they have a lower opportunity cost of production than their trading partners. | |
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