Imagine that Ireland develops and produces wool more effectively than any other nation, giving it a monopoly over the sector. Ireland has an Absolute advantage in this instance.
Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals, or to generate the same amount of a commodity or service with fewer inputs per unit of time.
By producing the good or service with a lower absolute cost per unit and fewer inputs, or by using a more effective technique, one might achieve absolute advantage.
Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals, or to generate the same amount of a commodity or service with fewer inputs per unit of time.
By producing the good or service with a lower absolute cost per unit and fewer inputs, or by using a more effective technique, one might achieve absolute advantage.
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The Bosnian crisis of 1908–09, also known as the Annexation crisis or the First Balkan Crisis, erupted when, on 8 October 1908, Austria-Hungary announced the annexation of Bosnia and Herzegovina, territories formerly within the sovereignty of the Ottoman Empire.
Their are a lot of kids in Afghanistan but they have to act and be like adults to survive. That's what he means by no childhood
