Opportunity Cost in the United States

Opportunity Cost in the International Business Landscape

Definition of Opportunity Cost in the context of U.S. international business and public trade policy: The alternative cost if a choice had been made differently.

Opportunity Cost in the International Business Landscape

Definition of Opportunity Cost in the context of U.S. international business and public trade policy: The highest valued alternative given up to pursue an activity.

Opportunity Cost in the International Business Landscape

Definition of Opportunity Cost in the context of U.S. international business and public trade policy: Value of what is given up in order to get the good or service in question.