When trading with more developed countries, less developed countries have a comparative advantage in the production of all goods or services. less developed countries do not have a comparative advantage in the production of any goods or services. less developed countries have a comparative advantage in the production of some goods or services.

Question

Gus

Business

15 May, 04:12

When trading with more developed countries, less developed countries have a comparative advantage in the production of all goods or services. less developed countries do not have a comparative advantage in the production of any goods or services. less developed countries have a comparative advantage in the production of some goods or services.

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Answers (1)

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Braiden Phillips · Answer 1

less developed countries do not have a comparative advantage in the production of any goods or services.

Explanation:

Usually less developed countries do not have a full developed production