Which situation best illustrates the concept of absolute advantage

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Utiq asked Mar 13, 2022

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Which situation best illustrates the concept of absolute advantage

English
college

Utiq asked Mar 13, 2022

by Utiq

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Step-by-step explanation:

A factory in Vietnam has an absolute advantage because it can produce shoes at a lower cost than others. Absolute advantage makes the factory more competitive in the market than its rivals.

MisterStrickland answered Mar 17, 2022

by MisterStrickland

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