Which gives a country a comparative advantage

Answers

It is being able to produce goods by using fewer resources, at a lower opportunity cost, that gives countries a comparative advantage. The gradient of a PPf reflects the opportunity cost of production. Increasing the production of one good means that less of another can be produced.

when it gives up less than others to engage In a particular type of production

Explanation: good luck :)

The correct answer would be, The lower opportunity Cost.

The lower opportunity cost gives a country a comparative advantage.

Explanation:

When a country can produce a good or service at a lower cost than the other country, this is called the comparative advantage for that country.

For example, if a country can produce wheat at a less price as compared to another country, then this lower cost of producing the wheat is the comparative advantage for that country.

So if a country can produce wheat at a lower cost than producing rice, then this is the lower opportunity cost of producing the wheat, and when producing of wheat at a lower opportunity cost is compared with the cost of producing wheat with another country, it is called as the comparative advantage.

Learn more about Comparative Advantage at:

#LearnWithBrainly



Do you know the answer?

Other questions on the subject: Social Studies

if you have to make a general question and respond to your thoughts, then this isn't really a question someone can you on. read the passage, form your question, and answer using y...Read More
1 more answers
the answer is the petition of right. explanation: offer to of right, real demand of attesting a benefit against the english crown, the most remarkable point of reference being the...Read More
2 more answers
Germany's growing power and Britain's desperate needIt was frequently challenging for President Roosevelt to visit inactive during World War II due to Germany's developing strength...Read More
3 more answers