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Which of the following is NOT a characteristic of comparative advantage? A) It is based on the opportunity cost of producing a good or service. B)...

Which of the following is NOT a characteristic of comparative advantage?

A) It is based on the opportunity cost of producing a good or service.
B) It allows countries to specialize in the production of goods and services in which they have a lower opportunity cost.
C) It implies that a country has greater innovation in a product compared to another country.
D) It implies that a product has a lower opportunity cost compared to another product in the same country.
E) It is a key concept in international trade.
A) It is based on the opportunity cost of producing a good or service.
B) It allows countries to specialize in the production of goods and services in which they have a lower opportunity cost.
C) It implies that a country has greater innovation in a product compared to another country.
D) It implies that a product has a lower opportunity cost compared to another product in the same country.
E) It is a key concept in international trade.

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Economia I San MarcosSan Marcos

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