Question

which of the following occurs when a country can produce a certain good or service with a lower opportunity cost than another country? absolute advantage marginal utility capital investment comparative advantage

Explanation:

• Absolute advantage refers to producing more of a good with the same resources, not lower opportunity cost.
• Marginal utility is the extra satisfaction from consuming one more unit, unrelated to international production costs.
• Capital investment is spending on assets to boost production, not a trade-related cost advantage concept.
• Comparative advantage is explicitly defined as the ability to produce a good or service at a lower opportunity cost than another entity.

Answer:

comparative advantage