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Which of the following best defines comparative advantage in terms of international trade?

Awhen a nation only imports and never exports
Bwhen a nation only exports and never imports
Cwhen a nation has more buying power than any other nation
Dwhen a nation can produce a good or service at a lower opportunity cost than any other nation?

Verified Answer :

d. when a nation can produce a good or service at a lower opportunity cost than any other nation

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