Question

A country can produce more paperclips than any other country. It has _________ in producing paperclips.

an absolute advantage
a comparative advantage
both absolute and comparative advantage
neither absolute nor comparative advantage

Answer 1

A) an absolute advantage

Step-by-step explanation:

Absolute Advantage - a country produces more of something than any other country (yes, the country produces more paperclips than any other country)

Comparative Advantage - a country produces something at a lower cost than other countries (cost is never mentioned, so we cannot assume)

Only absolute advantage

hope this helps! <3