Gains from Trade Even if a country is less efficient at producing both goods, it can still benefit f

Gains from Trade Even if a country is less efficient at producing both goods, it can still benefit from trade. For instance, if one country is much better at producing one good and the other country is better at producing a different good, both can benefit by specializing and exchanging goods. Lower Prices and Greater Variety of Goods Comparative advantage is the reason why consumers get lower prices because it allows for producing goods in large quantities, which would otherwise be impossible to produce. As countries specialize and trade, they provide consumers with a wider variety of goods and services at lower prices than they would have otherwise.