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 A country with absolute advantage can

________________________________.

 A country with comparative advantage can
___________________________________.

(U.S. Government and Economics)

2 Answers

7 votes

Answer:

A country with absolute advantage can produce a good or service more efficiently than another country, using fewer resources.

A country with comparative advantage can produce a good or service at a lower opportunity cost than another country, meaning they have to give up less of one good or service to produce another.

User Equasia
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5 votes

Answer:

A country with absolute advantage can produce a good or service more efficiently (i.e., with fewer resources) than another country.

A country with comparative advantage can produce a good or service at a lower opportunity cost (i.e., sacrificing fewer resources) than another country.

User Zenogrammer
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