alleryA country can make a good while giving up less of other goods than its trading partner would. That is a:
AComparative advantage
BNominal advantage
CMarginal deficit
DAbsolute deficit
Answer & Solution
Correct answer: A. Comparative advantage
1. The cost is measured in other goods.
2. It gives up less than the partner.
3. It is a comparative advantage.
_Source: OpenStax Principles of Economics 3e, Chapter 33, International Trade._
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