What might be the best decision for Country A? focus both on its petroleum and seafood industries focus on the seafood industry only focus on the petroleum industry only decide to find another industry to focus on.

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04-11-2021
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What might be the best decision for Country A? focus both on its petroleum and seafood industries focus on the seafood industry only focus on the petroleum industry only decide to find another industry to focus on.

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Shelbycomstock15idn Shelbycomstock15idn · Answer 1 · 2022-02-15T04:29:34-05:00

Shelbycomstock15idn Shelbycomstock15idn

15-02-2022

Answer:

C. Focus on the petroleum industry only

Explanation:

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Lanuelidn Lanuelidn · Answer 2 · 2022-05-13T06:16:58-04:00

The decision which might be the best for Country A is to: C. focus on the petroleum industry only.

What is a comparative advantage?

A comparative advantage refers to the ability of a business firm or country to produce goods and services at a lower opportunity cost than their rivals (competitors) or trade partners.

The most important benefit of comparative advantage is that, it gives an a country an ability to produce more and sell her finished goods and services at a lower price in comparison with its close rivals (competitors) or trade partners in another country.

Read more on comparative advantage here: https://brainly.com/question/14846093

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What is a comparative advantage?

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