Comparative and Absolute Advantage Quick Check What distinguishes comparative advantage from absolute advantage in production? (1 point)

1) A country has comparative advantage in production when its opportunity costs of producing a good are higher
than another country's

2) A country has comparative advantage in production when it requires more total inputs than does another country
to produce the same output.

3) A country has comparative advantage in production when it requires fewer total inputs than does another country
to produce the same output

4) A country has comparative advantage in production when its opportunity costs of producing a good are lower
than another country's