Question

Can someone tell me if I answered this right, please?

C. Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the lesson to support your answer.

Most trades occur due to comparative advantage because the country producing the good most efficiently has lower opportunity costs. This entices countries to indulge in trade with eachother because they can get goods for cheaper than it would take to produce. It also allows that country to specialize in goods they are more efficient in which they can then trade as well.

Answer 1

ya you did i think

Answer 2

i think you did

Answer 3

you killed it bra (ong)

Answer 4

think u did

Answer 5

Idk what we saying who who did but ig

Answer 6

You have explained the concept of comparative advantage and provided a clear explanation for why most trade occurs due to it. You have also provided examples to support your answer. Well done!