When a country has a comparative advantage in producing a certain good,
A)the country should import that good.
B)the country should produce just enough of that good for its own consumption.
C)the country's opportunity cost of that good is high relative to other countries' opportunity costs of that same good.
D)then specializing in the production of that good and trading for other goods could allow that country to consume at a point beyond its production possibilities frontier.

Question

Quizplus · Accepted Answer

When a country has a comparative advantage in producing a certain good, it means it can produce that good at a lower opportunity cost compared to other countries. Specializing in the production of that good and trading for other goods can allow the country to consume more than it could if it tried to produce everything on its own, effectively allowing it to consume at a point beyond its production possibilities frontier.

When a Country Has a Comparative Advantage in Producing a Certain