Cmac4036 Cmac4036
  • 15-02-2024
  • Business
contestada

Trade based on comparative advantage ensures that:
a. Only the strongest survive.
b. Every trade has a winner and a loser.
c. Some people are rich and others are poor.
d. Each item is produced efficiently and at the lowest cost possible.

Which of the following options correctly describes the outcome of trade based on comparative advantage?

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