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Marizza181 [45]
2 years ago
7

When does one country have an absolute advantage over another country?

Business
1 answer:
Rashid [163]2 years ago
7 0
A country with an absolute advantage over another country achieves this if their production costs are lower.

Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage. 
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