Comparative advantage exist… Show more Which of the follow

Custom Essays Economics Comparative advantage exist… Show more Which of the follow

Economics

Comparative advantage exist… Show more Which of the follow

Comparative advantage exist… Show more Which of the following statements is true about comparative advantage? A)Comparative advantage exists whenever one person, firm, or nation can do something with greater opportunity costs than some other individual, firm, or nation. B)Comparative advantage is interesting theoretically, but it is not relevant when evaluating real-world economic conditions. C)Third-world countries cannot possibly have a comparative advantage in the production of any good or service because of the relatively low educational attainment of their work force. D)Comparative advantage exists whenever one person, firm, or nation can do something with lesser opportunity costs than some other individual, firm, or nation. E)Only highly advanced economies can have a comparative advantage in the production of a good or service. PLEASE SHOW ME YOUR WORK FOR THE ANSWER THAT YOU SELECTED AND I WILL RATE YOU. SHOW ME THAT YOU’RE CONFIDENT OF YOUR ANSWER AND I WILL RATE YOU. I APPRECIATE ALL OF YOUR EXPERT ADVICE. • Show less

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