Question

The nation of Hasalot is home to roughly 95% of the world's Diamontite, a rare stone used in consumer products including watch faces, smartphones, computer monitors, and tablets. The fact that this is necessary for the production of many products we use today means Hasalot can almost name its price! Which of the following describes this situation?

Answer 1

Hasalot has a near absolute advantage in Diamontite.

Step-by-step explanation:

in this scenario, the best which describes the situation that Hasalot has a near absolute advantage in Diamontite.