What determines comparative advantage?
A
Comparative advantage means producing a good at a lower monetary cost than another country.
B
Comparative advantage means producing a good with a higher productivity than another country.
C
Comparative advantage means producing a good with more resources than another country.
D
Comparative advantage means producing a good at a lower opportunity cost than another country.
2.6.2 Trade Flashcards
Flashcards for AQA A Level Economics 2.6.2 Trade, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 25 cards, matched to the AQA A Level Economics (7136) specification.