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2.6.2 Trade

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

  1. A Level
  2. /Economics
  3. /2.6.2 Trade

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.