ankerria ankerria

08-05-2017
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what is absolute advantage as it relates to international trade

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leximexi62 leximexi62

08-05-2017

absolute advantage is the ability of a party or group or person to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources. They produce more than the others but started with the same.

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abigailsale19 abigailsale19

03-10-2018

B.

having a lower cost of production than other firms or nations

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