Which economic term refers to the situation where one country can manufacture and export automobiles at a lower cost than its competitors? opportunity cost comparative advantage inflation consumer price index (CPI) gross domestic product (GDP)

Comparative advantage is the term.

Comparative advantage is the ability of any given economic actor (eg a country) to produce goods and services at a lower opportunity cost than other economic actors (eg other countries). This enables the country with the comparative advantage to export the product at a lower cost than its competitors. Therefore, the correct answer is comparative advantage.