1. Which of the following does NOT explain why comparative advantage is used in determining specialization?
O
By using comparative advantage, we determine which nations are best fit to produce a specific product.
O
Comparative advantage allows country's to produce goods for themselves as much as possible without relying on other countries
O
By determining comparative advantage we find out who can produce goods by giving up the least.
O
Comparative advantage assures that the factors of production are used in the most efficient way possible.
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Home » Social Studies » CRP LULU 1. Which of the following does NOT explain why comparative advantage is used in determining specialization? O By using comparative advantage, we determine which nations are best fit to produce a specific product.