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Does Ireland have an absolute or comparative trade advantage

User Ohgyun Ahn
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2 Answers

3 votes

Answer:

comparative advantage

Step-by-step explanation:

i looked it up

User MohamedEzz
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4 votes

I would say it would be a comparative trade advantage.

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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.

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Hope this helps!

Have a great day and God bless! :)

User Burak Guzel
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