The theory of comparative advantage indicates that countries Question 11 options

ID: 2441491 • Letter: T

Question

The theory of comparative advantage indicates that countries

Question 11 options:

should restrict trade by cutting off all imports in order to gain a comparative advantage.

should import those goods they can produce at a lower opportunity cost than other countries.

with an absolute advantage cannot benefit from specialization in trade.

should export those goods they can produce at a lower opportunity cost than other countries.

should restrict trade by cutting off all imports in order to gain a comparative advantage.

should import those goods they can produce at a lower opportunity cost than other countries.

with an absolute advantage cannot benefit from specialization in trade.

should export those goods they can produce at a lower opportunity cost than other countries.

Option D.

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