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AP Macroeconomics
Unit 1 – Basic Economic Concepts
Topic 1.3
Which of the following is an example of a country benefiting from trade based on comparative advantage?
Country A imports goods it can produce more efficiently than Country B
Country A experiences a decrease in domestic employment due to imports
Country A imposes tariffs on imports to protect domestic industries
Country A exports goods it can produce at a higher opportunity cost than Country B
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AP Macroeconomics - 1.3 Comparative Advantage and Trade
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Comparative Advantage
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About Us
About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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