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What is absolute advantage as it relates to international trade
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What is absolute advantage as it relates to international trade

User Adeltahir
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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.
User Tharindu Kumara
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B.

having a lower cost of production than other firms or nations

User Jlovison
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