Economics (AS & A Level) · May / June 2026 · Paper 14 · Question 28
9708The reasons for international trade
The principle of comparative advantage states that a country can make gains in international trade. What are these gains determined by?
- Athe country being willing to impose tariffs on its trading partners
- Bthe country having a lower opportunity cost in the production of some goods compared to its trading partners
- Cthe country's capacity to export the goods it produces
- Dthe country's total productive capacity
As printed in the paper
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Correct answer: B. the country having a lower opportunity cost in the production of some goods compared to its trading partners
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