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Question 3 of 10
What should a country that wants to increase its comparative advantage
when trading with another country try to do?
A. Lower the opportunity cost of producing the goods it trades
B. Produce more of a valuable good than the other country
C. Reduce its trade deficit with all of its other trading partners
D. Raise the price of its exports to generate more capital

Respuesta :

Ans

its a

Explanation:

Absolute Advantage means to deliver more goods while comparative is the capacity to reduce opportunity costs more than a contender.

What do you understand by comparative and absolute advantage?

Absolute Advantage: The capacity to deliver even more of a good or service than a contender. Comparative Advantage: The capacity to produce at a lower opportunity cost than a contender.

Comparative advantage means reducing the opportunity cost of producing the goods.

Therefore, option A aptly describes the Comparative Advantage.

Learn more about the comparative and absolute advantage here:

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