ankerria ankerria
  • 08-05-2017
  • History
contestada

what is absolute advantage as it relates to international trade

Respuesta :

leximexi62
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.
Answer Link
abigailsale19 abigailsale19
  • 03-10-2018

B.  

having a lower cost of production than other firms or nations

Answer Link

Otras preguntas

What is the value of r?Answer:
What excerpt from part 2 of the odyssey best establishes odysseus's weakness?
You have two boxes of colored pens. The first box contains a red pen, a blue pen, and green pen. The second box contains a yellow pen, a red pen, and a black pe
how many people most likely represents a snapshot in time of a human society that existed 12,000 years ago?
Which executive agency would most likely investigate cases of espionage?
hi there can anyone help me out with this question please
Can someone please answer. There is one problem. There's a picture. Thank you!
How do you use trigonometric ratios to solve for a missing side or angle of a right triangle?
In cities such as New York Chicago and Cleveland
Why did united states break diplomatic relation with germany in 1917