Select Global Issues in Context, and in the Basic Search box at the top of the page,

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Select Global Issues in Context, and in the Basic Search box at the top of the page, enter the phrase "Build Ontario's economy." On the Results page, scroll down to the Global Viewpoints section. Click on the link for the December 8, 2009, article "Build Ontario's economy on battle-tested financial sector." Use your understanding of opportunity cost to explain the idea that the Canadian province of Ontario has a comparative advantage in the financial sector.
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
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