Final answer:
Since Swanland is the only nation with deposits of the mineral shiznit, it holds a resource monopoly on its production. Absolute advantage and comparative advantage do not apply, as they involve comparisons with other nations' production capabilities.
Step-by-step explanation:
The only deposits of a rare mineral known as shiznit are found in the nation of Swanland. Since no other nation has deposits of shiznit, Swanland has a resource monopoly in the production of this mineral. The term resource monopoly refers to the exclusive control over the supply of a certain resource, which in this case is the mineral shiznit, exclusively found in Swanland.
An absolute advantage occurs when a country can produce a good using fewer resources than another country, but in this scenario, since shiznit is only available in Swanland, the term absolute advantage would not apply as no comparison is being made. A comparative advantage exists when a country can produce a good at a lower opportunity cost than another country, which is also not the case here since shiznit is not produced elsewhere. Lastly, a trade deficit is a situation where a country's imports exceed its exports, which is unrelated to the exclusive control of a resource.