Comparative advantage explains why a nation will benefit from trade when:

A. it exports more than it imports.
B. its trading partners are experiencing offsetting losses.
C. it exports goods for which it is a high-opportunity cost producer, while importing those for which it is a low-opportunity cost producer.
D. it exports goods for which it is a low-opportunity cost producer, while importing those for which it is a high-opportunity cost producer.


Answer: D

Economics

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