Brazil exports coffee into the common market known as the European Union and imports from the European Union other products that Brazil could produce but at a higher cost than what it costs the Europeans to produce. This practice follows the theory of.


a absolute advantage.
b competitive positioning.
c strategic alliance.
D comparative advantage.

Respuesta :

Answer:

D.Comparative Advantage

Explanation:

Based in the provided information, the described practice Brazil exports coffee into the common market follows the theory of Comparative advantage.

What is Comparative advantage?

Comparative advantage can be regarded as an ability to produce a particular good by an economy using opportunity cost that is not high compared to trading partners.

Therefore, option D is correct.

.Learn more about Comparative advantage at;

https://brainly.com/question/13171394

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE