Social Studies, 31.10.2020 18:50 pandagirl710
If a nation can produce a good or service at a lower cost than any other nation, what can you say about this nation?
A-It has sanctions on that particular good or service.
B-It has a favorable import-to-export ratio.
C-It has an absolute advantage with regard to that good or service.
D-It has a higher GDP than that of the countries it trades with.
Answers: 1
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If a nation can produce a good or service at a lower cost than any other nation, what can you say ab...
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