7
QuizMultiple Choice

Global Economic Sectors and Systems

Question 7 • TX-World Geography Studies B-CR

A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another country.

Answer
A
opportunity cost
B
production cost
C
absolute advantage
D
manufacturing advantage Please select the best answers from the choices provided.

Explanation

Comparative advantage means producing a good or service at a lower opportunity cost than another country. Opportunity cost is the value of what must be given up to produce something, so the correct choice is “opportunity cost.”

AI-written and checked against the verified answer.

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