According to the theory of comparative advantage specialization will result in
- labour-intensive method of production
- capital-intensive method of production
-
efficient allocation of resources
- efficient distribution of output
The correct answer is: C
Explanation
The theory of comparative advantage simply explains what a country would do best while also giving up the least.
It is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners. With this, the economy will enjoy resource allocation optimization and efficiency.