Question

When a product’s components are made in the country that can produce them at a high level of productivity and assemble them in another country where productivity in assembly is high, it resembles the theory of ________.

Answer 1

Answer:comparative advantage

Explanation:Comparative advantage is when a country produces a good or service for a lower opportunity cost than other countries. Opportunity cost measures a trade-off. A nation with a comparative advantage makes the trade-off worth it. The benefits of buying its good or service outweigh the disadvantages. The country may not be the best at producing something. But the good or service has a low opportunity cost for other countries to import.