If france can produce grapes at a lower opportunity cost, Business Economics

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If france can produce grapes at a lower opportunity cost

If France can produce grapes at a lower opportunity cost than any other nation, France is said to have a/n ____________in the production of grapes.

a. Autarky

b. Ricardian equivalence

c. Absolute advantage

d. Comparative disadvantage

e. Comparative advantage

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Business Economics: If france can produce grapes at a lower opportunity cost

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Business Economics: If france can produce grapes at a lower opportunity cost

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