511,879 views
32 votes
32 votes
Does Ireland have an absolute or comparative trade advantage

User Jordan Junior
by
2.8k points

2 Answers

22 votes
22 votes

Answer:

comparative advantage

Step-by-step explanation:

i looked it up

User Kalecser
by
2.6k points
29 votes
29 votes

I would say it would be a comparative trade advantage.

----------------------------------------

Ireland has a comparative advantage in cheese and butter due to climate and a large amount of land suitable for dairy cows.

Ireland has an established comparative advantage in producing grass-based milk and meat which provides cost and food efficacy advantages at a global level.

----------------------------------------

Hope this helps!

Have a great day and God bless! :)

User Jamie Deith
by
2.5k points