chall0000 chall0000
  • 09-07-2021
  • History
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how does comparative advantage influence international trade?

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tyresegrisby24 tyresegrisby24
  • 09-07-2021

Answer:

The theory of comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production. Comparative advantage suggests that countries will engage in trade with one another, exporting the goods that they have a relative advantage in.

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