A country with comparative advantage is said to produce with a ...

[lb_gilbert]

A country with comparative advantage is said to produce with a lower ___________ __________ than the country with which it trades.
 
  a. input costs c. opportunity costs
  b. economic factors d. capital efficiency

Question 2

When it takes China less labor, silk worms, and weaving machines to produce silk fabric, China is said to have a(n) __________________ ________________ in the production of silk.
 
  a. absolute advantage c. competitive advantage
  b. comparative advantage d. efficiency advantage

[anyusername12131]

Answer to Question 1

c

Answer to Question 2

a

[lb_gilbert]

Thanks for the timely response, appreciate it

[lkanara2]

Excellent